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South Africa’s Economic Challenges

December 11, 2014

Keeping the lights on in Cape Town is getting harder, as South Africa’s power utility enforces more rolling blackouts to cope with increasing demand.(photo: Markus Oblander/imageBROKER/Corbis)

South Africa can celebrate significant progress in its first 20 years of democracy, but faces the challenge of reviving a weak economy. Addressing structural constraints such as electricity shortages are key to increasing growth.

Laura Papi: IMF Mission Chief for South Africa