# The Bureau for Economic Research says South Africa’s economy has suffered a sharp decline, with growth falling from over four-percent two decades ago to near zero today. Its new report blames state capture, load-shedding, poor logistics, and wasteful government spending. It warns that unemployment remains high as the labour force contributes less to growth. The bureau says urgent reforms such as unbundling Eskom, fixing Transnet, cutting red tape, and restoring investor confidence could lift growth above two-percent within five-years.
Bureau for Economic Research says unemployment crisis worsens as labour force contribution to growth shrinks