South Africa’s economy is BROKEN | Bheki Mahlobo

South Africa's economy is in a sorry state. In this clip from a recent webinar, Bheki Mahlobo of the CRA discusses the reasons for South Africa's low economic growth rate and high levels of unemployment.

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[colinhendra]

Yes, this is the ANC slogan. "Whatever we touch we break"

[SoundsLikeOdie]

Our government believes that the solution to every problem is redistribution.
The inevitable is happening.

[chessmanhatter]

All those graphs shows what a stirling job the ANC has done....it will all end in ruin...just look north of the Limpopo river to see how things end.

[moaggwomaoimagwoga]

They will take everything from you and you will do nothing.

[SoulofaPond]

Link politicians taxation rate to the unemployment rate and im sure they'll start looking for policies to increase employment.

[kazykamakaze]

If you are skilled, DON'T work in SA. You are cutting yourself at the knee caps for future wealth growth. Comparative to international market SA pays very little comparatively, especially the IT sector and is why most IT professionals are leaving SA, including myself as I don't work in SA anymore. This is what happens when those of no intelligence are put into power which they are not qualified for.

[proveritate]

In the 19th century Livingstone entered Africa and wrote a book : In darkest Africa. Nothing has changed ! The ANC is just doing what they did in the far past : unable to build anything ! And thus SA will go dark again !

[reverse_meta]

1. Demoralization
2. Destabilization
3. Crisis
4. Normalization

[eunidapieters]

We have the stats, we living this failed state, abysmal economy daily. In Gauteng if anyone has a shred of sensitivity in their bones, you can feel the pressure pot not far from exploding.

[fieliessa]

Is there anyone from the ANC that is watching this? Or too busy planning the next R22M Flag or R2.6M RDP house?

[delamaiwald]

How does unemployment rate compare to population growh 18 yr ago

[ahmedsaidsibda]

Billions are wasted on events and programs discussing poverty alleviation but how much is actually being deployed into the projects. My son works at UCT and they received in excess of €10m grant funding just to research causes of poverty . A 1/10th of that funds are utilized for salaries and the rest in the hands of the "research money making university " .

[anthonyanthony]

Its not broken yet. but is getting there quickly!

[ayandasigxashe]

Doing/ & saying the same thing over & over again expecting different results = lunacy = CR17 job creation conferences😎

[janrabie]

If our unemployment rate is higher than that of 180 other countries, have you ever considered that our people are absolutely world class when it comes to laziness??

[janrabie]

I am sure that if you drink 17 beers and 11 vodkas you can somehow make a link and blame all of this on Hendrik Verwoed and apartheid.

[mariogovinder]

Is there a comparison between SA and Venezuela? Can a video be made between the two countries?

[mohlomphehi]

Of cause, the spicy cough is to blame for all of this...

[pauljoubertinthevotingboot]

Hi. Where can I find or purchase the 'Socio-Economic Survey 2022' edition?

[bafongalo]

I disagree. The economy of South Africa is not broken. This is the most resiliant economy of its size in the world.The government of this country is broken. No other economy of this size can withstand so much political assault from a broken Government