Unlocking SA’s full agricultural production and processing potential is one of the ‘Big Five’ options to accelerate growth and job creation, according to a new McKinsey Global Institute (MGI) report.
In the two decades since South Africans united to transform their political landscape and usher in a new democracy, the country has made remarkable progress. It has nearly doubled its GDP in real terms, lifting millions of people out of poverty and into the middle class, and expanding access to services. Yet the country remains beset by high levels of unemployment, and in recent years its growth has fallen well behind the rest of sub-Saharan Africa.
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