The International Monetary Fund or IMF, has projected South Africa's economic growth will remain sluggish in 2020. Concluding its visit to the country on Monday, the IMF warned it's imperative for South Africa to implement structural reforms to turn the country's economy around. Saying "with low growth and low job creation, the increasing labour force is projected to exacerbate unemployment pressures, poverty, and inequality."
The IMF has also advised South Africa to create a favourable environment for private sector investment.
Earlier this month, Moody's ratings Agency downgraded SA from stable to negative, warning drastic changes need to be implemented.
To discuss this further we have Ndumiso Hadebe, an economist and director at Pax Africana Investment Holdings and Leon Louw, executive director and co-founder of the Free Market Foundation.
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