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Assessing and promoting civil and minority rights in South Africa.

[Source: Moneyweb by Hilton Tarrant.]

The chairman of Shoprite Holdings, Dr Christo Wiese, says that “attempts to find practical solutions to our social and economic challenges have been futile simply because the wrong questions have been asked”. Writing in the group’s annual report, published on Friday, Wiese says bluntly: “There is nothing structurally wrong with South Africa. The issue is that we are not following the policies that could so easily make life so much better for all South Africans.

“The right question is not: ‘What do our people want?’ Nor is it: ‘What do our people need?’ The right question is: ‘What can our people not do without?’ The answer is self-evident – our people need jobs.

“Once we arrive at that answer, then everything else falls into place. Everything our government does should be determined by whether it creates or destroys jobs. If guided by this test, we will arrive at the right solutions and focus on implementing policies and actions which bring more people into the economy.”

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South Africa at a Glance
58 780 000 (mid 2018 estimate)
4.5% y/y in June 2019 (CPI) & +5.8 y/y in June 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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