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South Africa’s economy requires a growth miracle—a sustained economic growth rate of 5% or more—to meaningfully reduce unemployment. But what are the key drivers of this growth? In this video, we explore several important factors, including improved infrastructure, a better-educated workforce, and institutional reforms. We also consider bolder ideas like re-industrialisation and the green energy transition. While these changes may take time, the Bureau of Economic Research predicts a 2.2% economic growth rate in 2025. I dive into their “sudden start” scenario, which highlights how an influx of foreign capital could trigger a positive chain reaction, boosting the rand, investment, and consumption. This scenario suggests that if the Government of National Unity stays committed to fiscal discipline and restoring investor confidence, South Africa can unlock faster growth. Key Points Covered: -How South Africa can achieve 5% economic growth -2025 economic predictions from the Bureau of Economic Research -The role of foreign capital inflows -Impact of a stronger rand and investment growth -Policy actions to restore investor confidence Join us on our socials to be up to date with the latest and subscribe to our channel for more inspiring stories and updates. Facebook: / mynorthwestuniversity Twitter: / thenwu Instagram: / my_nwu TikTok: / thenwu NWU website: https://www.nwu.ac.za/ For more expert insights from Waldo Krugell follow him on the following channels: LinkedIn: / waldo-krugell-9823b543 Spotify: https://open.spotify.com/show/0CPTHlm... It all starts here! #MyNWU #20YearsOfGreatness