South Africa growth opportunities locally and in Africa

Author: McKinsey (September 2015)
Source: McKinsey (September 2015)

Mc Kinsey has released two important areas of work highlighting the opportunities for growth in South Africa. The first states that if local companies pursue opportunities in advanced manufacturing and infrastructure elsewhere on the continent, the economy is poised to grow by R1-trillion and create 3.4 million new jobs over the next 15 years. The second, The "Big Five" list, the product of research into more than 100 ideas, includes advanced manufacturing, infrastructure investment, natural gas and agricultural exports. "Big Five" set of priority growth opportunities that could add more than 1% to SA’s growth rate and create 3.4-million jobs by 2030. This would bring the economy closer to the targets set out in the National Development Plan.

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