According to the newly released World Bank report, Driving Inclusive Growth in South Africa  (SA), the country's economy is at a critical turning point.

Part of discussions between SA and the World Bank in early 2023, it was agreed that the bank would develop a policy road map for the government through a targeted, demand-driven process. Released on this week, the report highlights weak market competition and inefficient institutions as key obstacles to economic growth and persistently high unemployment.

To unpack this further is Chief economist at Efficient Group Dawie Roodt.