South Africa has not had an easy few years, with the economy weighed down by persistent challenges including high levels of unemployment, slow growth, limited business and consumer confidence, and poor governance. However, there are some positive signs, and after some troubling years things are perhaps looking up – if slightly.“
The country has gone through a tough time. If we keep our shoulders to the wheel, we can begin to undo some of the damage that was done over the past 10 years,” says Cas Coovadia, managing director of the Banking Association South Africa.