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Thread: Corruption is a Big Obstacle to Business in South Africa

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    The Humble Scot! McT's Avatar
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    Default Corruption is a Big Obstacle to Business in South Africa

    The President of South Africa, Jacob Zuma, has been asked by his own party, the ANC, to step down. The 75-year old who has been in office since 2009 has been dogged by serious allegations of corruption. And corruption is what is hampering the South African economy most.

    South Africa is one of the most vibrant economies of sub-Saharan Africa. According to the World Economic Forums "Global Competitiveness Report 2017-2018", it is also one of the region's most innovative countries, but has dropped 14 positions in this year's index, as the overall economy is near a standstill.

    "Political uncertainty in 2017 has decreased the confidence of South African business leaders," according to the report. Out of 170 executives asked for the included "Executive Opinion Survey", corruption is the most problematic factor for doing business in their country, followed by crime and theft.

    Source: Statista
    Last edited by McT; 13-02-2018 at 04:04 PM. Reason: Links added to article

    Quote Originally Posted by Ho3n3r View Post
    That's like saying cleaning your kitchen will starve millions of flies.

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    The Humble Scot! McT's Avatar
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    Name:  chartoftheday_12887_most_problematic_factors_for_doing_business_in_south_africa_n.jpg
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    Source: Statista

    Quote Originally Posted by Ho3n3r View Post
    That's like saying cleaning your kitchen will starve millions of flies.

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    The Humble Scot! McT's Avatar
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    We made into Statista's newsletter for all the wrong reasons

    Quote Originally Posted by Ho3n3r View Post
    That's like saying cleaning your kitchen will starve millions of flies.

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    Only when they aren't included in the corruption, they are very happy to play along most of the time.
    I am of a nation that would not allow that fear of death, of torture, of imprisonment, of exile or persecution should result in the perpetuation of injustice.

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    Quote Originally Posted by thechamp View Post
    Only when they aren't included in the corruption, they are very happy to play along most of the time.
    Proof?

    Everything they are saying is the truth?

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    Quote Originally Posted by McT View Post
    The President of South Africa, Jacob Zuma, has been asked by his own party, the ANC, to step down. The 75-year old who has been in office since 2009 has been dogged by serious allegations of corruption. And corruption is what is hampering the South African economy most.

    South Africa is one of the most vibrant economies of sub-Saharan Africa. According to the World Economic Forums "Global Competitiveness Report 2017-2018", it is also one of the region's most innovative countries, but has dropped 14 positions in this year's index, as the overall economy is near a standstill.

    "Political uncertainty in 2017 has decreased the confidence of South African business leaders," according to the report. Out of 170 executives asked for the included "Executive Opinion Survey", corruption is the most problematic factor for doing business in their country, followed by crime and theft.

    Source: Statista
    Vibrant, regressive, same thing really.

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    Quote Originally Posted by thechamp View Post
    Only when they aren't included in the corruption, they are very happy to play along most of the time.

    Yup gangsters fighting over territory

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    Quote Originally Posted by thechamp View Post
    Only when they aren't included in the corruption, they are very happy to play along most of the time.
    +1

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    Super Grandmaster ForceFate's Avatar
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    Quote Originally Posted by thechamp View Post
    Only when they aren't included in the corruption, they are very happy to play along most of the time.
    +1
    Yeah whatever mate

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