Despite all the documents, there is no social compact in South Africa

COMMENT

A decade ago, the National Development Plan (NDP) set ambitious targets for the economy. These included a GDP growth rate of 5.4% a year and the creation of 11-million jobs by 2030. 

The vision was to reduce the unemployment rate to 6%. There were targets to achieve an investment to GDP ratio of 30% and a public investment to GDP ratio of 10%. 

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Duma Gqubule
Duma Gqubule is a financial journalist, analyst, researcher and adviser on issues of economic development and transformation

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