South African market inefficiencies keep ‘insiders happy and outsiders out'
Despite general agreement of the need for deep structural reforms to improve economic performance, there remains a myriad of different interpretations of what is needed, South African Reserve Bank (Sarb) deputy governor Francois Groepe noted in a speech at the Economics and Beyond Seminar in Pretoria on August 5.
Groepe added that there is "little consensus on which reforms are needed and should be implemented, and how these should be implemented."
While there are "hundreds of potential economic
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