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23 January 2018 19:45 (South Africa)

SA's economic freedom plunges

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

The Free Market Foundation released its annual Economic Freedom report on Monday, with South Africa ranked 82 out of 141 countries surveyed. This is a drop of 12 places from last year's position of 70, and a massive 40 places since its ranking of of 42 in 2002. "It has taken less than a decade to slide 40 places down the rankings. This is a matter of grave concern," the FMF said. The report measures five different areas: the size of government, property rights, access to sound money, freedom of international trade, and regulation of the credit, labour, and business sectors. Read more: Sapa, via TimesLive

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

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