South Africa’s economic reform efforts are showing measured progress, with 26 of 240 targeted measures fully implemented over 18 months—roughly 10% of the total required to revive sluggish growth. A new Reform Momentum Indicator, developed by Krutham for Business Leadership South Africa (BLSA), tracks progress across key sectors, including energy, logistics, and governance. While celebrating completed reforms like easing energy constraints, BLSA CEO Busi Mavuso emphasized the long road ahead, particularly in upgrading transmission infrastructure and fixing transport bottlenecks. The tracker aims to maintain momentum for President Cyril Ramaphosa’s Operation Vulindlela initiative, which seeks to attract billions of dollars in public and private investment by 2030. As Deputy Finance Minister Sarupen noted, these reforms will shape South Africa’s economic trajectory for years to come.
Bloomberg
