Property rights essential to the investment and growth needed to uplift and empower South Africans – IRR
19 August 2020
As long as property rights are under threat, foreign investors will continue bypassing South Africa and putting their money into markets ranging from Ethiopia, Zambia and Nigeria to the United Arab Emirates, the United States and United Kingdom.
Reversing this risk, the Institute of Race Relations (IRR) argues in its latest policy document, Growth & Recovery: A strategy to #GetSAWorking (https://irr.org.za/reports/
“Taking these steps will send a clear signal that the government is serious about policy reform and attracting the fixed investment needed to drive growth and jobs,” the document says.
Growth & Recovery: A Strategy to #GetSAWorking sets out practicable steps South Africa could take, without incurring any significant cost, to achieve a post-Covid-19 economic recovery, and reach growth levels of 7% by the end of the decade.