The economy prior to 2008 was growing very nicely.— Gavin Keeton, Professor at the Economics Department at Rhodes University
The change in ANC leadership at Polokwane in 2007 marked a switch towards a more interventionist economic role for the government.
This coincided with the global financial crisis and a dramatic slowdown in economic growth.
Growth in SA has never fully recovered.
The ANC's leadership change slowed growth to a crawl, says Gavin Keeton, Professor at the Economics Department at Rhodes University.
The Money Show’s Bruce Whitfield interviewed Keeton.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Tax revenues are the result of growth. If the economy grows; Government can spend.— Gavin Keeton, Professor at the Economics Department at Rhodes University
If the state is going to put itself at the centre it has to be very efficient.— Gavin Keeton, Professor at the Economics Department at Rhodes University
The biggest drawback for growth is uncertainty.— Gavin Keeton, Professor at the Economics Department at Rhodes University
We have to have a much greater focus on encouraging investment.— Gavin Keeton, Professor at the Economics Department at Rhodes University
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
A simple savings plan for people who don’t like to budget. Bruce Whitfield interviews personal finance guru Warren Ingram.
The South African billionaire has responded to reports placing him at the centre of an alleged tax evasion scheme.
President Ramaphosa is invoking his inner Mandela for political ends, says Political Economy Analyst Daniel Silke.
He's been implicated in an elaborate tax-dodging scheme, says amaBhungane’s Craig McKune.
Helen Zille responds to alleged comments made by Lindiwe Mazibuko at a dinner, saying she's doing the same to Musi Maimane.
Waitress praised for standing up for herself after a man touched her butt on his way to the toilet and a dog comforts its owner.
The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.
What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.
Seven suspects were arrested in Limpopo in less than 24 hours after a cash-in-transit vehicle was blown up in the province.