South Africa ‘on Course’ With Economy: Standard Bank’s Fuzile

The transcript discusses South Africa's progress towards its investment target and the need for structural reforms to boost economic growth. Despite global challenges like COVID-19, the country aims for a 3% growth rate by implementing reforms and supporting small businesses. Rebuilding key institutions and tackling corruption are crucial for achieving these goals, with President Ramaphosa making strides in restoring integrity and accountability.

What is one of the key actions South Africa needs to take to reach its investment target?

• Increase government spending

• Increase taxes

• Implement structural reforms

• Reduce exports

What is the growth target set by the South African government for the next decade?

• 1%

• 2%

• 3%

• 4%

How might the availability of vaccines impact South Africa's economic growth?

• It could accelerate growth

• It could slow down growth

• It will have no impact

• It will only affect the healthcare sector

What has been a major challenge in rebuilding South Africa's state institutions?

• Overstaffing

• Lack of funding

• Political instability

• Past disruptions for nefarious purposes

Which institution is crucial for South Africa's fiscal sustainability?

• Department of Education

• Eskom

• South African Revenue Service

• Transnet

What is one of the actions taken by President Ramaphosa to combat corruption?

• Reducing government spending

• Rebuilding institutions with credible leaders

• Increasing taxes

• Privatizing state-owned enterprises

What is the expected outcome of the actions against corruption in South Africa?

• Increased corruption

• Gradual improvement with complex challenges

• Immediate eradication of corruption

• No significant change