Why are things in SA not a lot worse?
The surprising resilience of our economy shows that despite all the obstacles, South Africans are making a plan. Trading updates from banks last week indicated record earnings. Statistics show we’re exporting and importing more than ever, with exports dominating over the past three years. And GDP figures showed the economy is now bigger than it was pre-Covid, despite Q1 having experienced record load-shedding. When we fix the fundamental constraints on our economy, that resilience can turn into real progress…