# Aluma economist Frederick Mitchell says South Africa’s future depends on decisive action rooted in economic freedom, property rights, and limited government intervention. Rating agency Moody’s has warned that the current initiatives are insufficient to propel the country towards the government’s ambitious target of 3.5-percent annual growth by 2030. Mitchell says unlocking the country’s 1.8-trillion-rand in business cash reserves, reforming the regulatory framework, and expanding trade opportunities are not mere suggestions; they are necessities.
An economist says South Africa needs a bold new blueprint for sustainable growth