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Op-ed: South Africa needs business leaders who drive public innovation

Op-ed: South Africa needs business leaders who drive public innovation

The debate about South Africa’s real unemployment rate has again shone a spotlight on the informal economy, and whether we are maximising its productive potential. UCT professor of economics Haroon Bhorat argues that our high unemployment rate is real, not because of poor employment elasticities and restrictive labour regulations but because the informal economy is […]