South Africa Sees Fresh Start for Economy, With the Same Challenges

South Africa Sees Fresh Start for Economy, With the Same Challenges
Mr. Goldin said that This is certainly the most optimistic moment for South Africa in a very long time,
Ian Goldin said that The crucial issue for South Africa is jobs and growth,
Mr. Ramaphosa, 65, may champion new initiatives aimed at generating economic growth, yet he finds himself relying
on his party brethren to execute his visions, with no certainty that the money will land where intended.
"You’re going to need a lot more than taking out the guy at the top." Above all, Mr. Ramaphosa must contend with the structural defects
that have long constrained South Africa’s economy, a legacy of apartheid.
15, 2018
In the nearly quarter-century since apartheid ended in South Africa, the dominant African National Congress
party has lost some of its moral authority as a vessel for lifting the fortunes of black people.
Still, no corruption charges have stuck to the new president, who now claims a mandate to clean up the toxic mess left behind by Mr. Zuma.