Based on the just-released report, South Africa is the second most competitive in Africa after Mauritius which has a global score of 64.3 and ranks 52. Regional Briefing - Africa & Middle East - December 2020. In a report released by the World Economic Forum, South Africa's global competitiveness has dropped against the world's largest economies. Regional Economic Briefings For the full report; World Economic Forum 2019. While there are notable improvements, it is also important to note that there are several indicators which show negative movement that calls for urgent interventions, especially in the era of 4IR”. South Africa scored 62.44 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Additionally, the report by World Economic Forum ranks Kenya at 95th globally with remarkable performance as a business environment. 138. The 10th edition of the Global Corruption Barometer (GCB) – Africa, reveals that while most people in Africa feel corruption increased in their country, a majority also feel optimistic that they, as citizens, can make a difference in the fight against corruption. “Namibia has moved up six positions in the Global Competitiveness Report rankings for 2019, from number 100 to 94 now. Global Competitiveness Report, 2019 South Africa Non-performing loans - rank of South Africa fell gradually from 53 rank=1, highest score or value in 2017 to 50 rank=1, highest score or value in 2019. October 11, 2019. WEF Global Competitive Index 'pillars' Political certainty has seen South Africa move up seven places to 60th on the World Economic Forum’s Global Competitiveness Index 4.0, according to … India, which ranked 58th in the annual Global Competitiveness Index in 2018, is among the worst-performing BRICS nations along with Brazil. The Global Competitiveness Report is out with Singapore leading the pack followed by the US. We managed to come 2nd in Sub-Saharan Africa (to Mauritius who came 52nd) but still lagged behind many other emerging market economies, including Greece (59th), Chile (33rd), Hungary … Durban - South Africa has shown significant improvement in the World Economic Forum’s (WEF) annual Global Competitiveness Index, climbing seven places since 2018. Figure 1: South Africa’s Competitiveness Index and Rank Source: World Competiveness Report (2017) Kenya is the sixth most competitive country in Sub-Saharan African, according to the Global Competitiveness Report 2019. In the global competitiveness rankings released by the Institute for Management Development (IMD) World Competitiveness Yearbook (WCY) of 2019, South Africa also experienced a nervy drop in its overall competitiveness with the country dropping from a ranking of 53 out of the 63 countries in 2018 surveyed by the IMD to 56 out of 63 in 2019. Year of publication: 2017 Category: National Reports Language: English Upload date: 2017-05-15 South Africa over the last year, and especially the last few months, has gone through a series of political and economic setbacks, all of which are likely to have a dramatic effect on the overall well-being of the citizens of the country. Speaking on the results, Brand South Africa’s General Manager for Research, Dr Petrus de Kock says; “Interestingly enough following on 2018, a year wherein local and global media carried extensive and mostly negative coverage on South Africa’s proposed Land reform policy, South Africa’s rankings in Property Rights & Quality Land Administration show improvement. The Institutions pillar improves from 69 out of 140 to 55 out of 141 – this is due to reputational damage in the area of governance in recent years; Health, also historically a weaker area of SA’s performance, improves from 125 to 118 in 2019; Product market improves from 74 to 69 in 2019. Brand South Africa will also be able to facilitate any requests for interviews. Releasing its global competitiveness report, it says South Africa’s competitiveness has regained momentum after the recent political landscape shift and climbs 7 places to 60th. South Africa is the 60 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. South Africa is also a small producer in the global context and so prices tend to … The ability of Sub-Saharan Africa’s economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent reforms to boost productivity. South Africa has risen 7 places to rank position 60 globally in the World Economic Forum Competitive Report 2019. The World Economic Forum's 2019 Global Competitiveness Report has found that sub-Saharan Africa - led by Mauritius at 52nd of 141 countries - is overall the least competitive region in the world. South Africa (60) is a regional financial hub. The World Economic Forum (WEF) on Africa will hold its annual regional summit in Cape Town from 4-6 September 2019. The index ranks countries based on a framework that assesses progress within 12 pillars or dimensions. While Mauritius at 52 nd in the overall ranking led the group of African countries in the fray, South Africa, despite its … Travel and Tourism Competitiveness Report 2019 < Previous Next > About the Travel and Tourism Competitiveness Report; ... About the Travel and Tourism Competitiveness Report; Overall Results. Southern Africa is the most competitive of the three subregions, but experienced slow growth in competitiveness over the past two years. Every year the World Economic Forum publish their Global Competitiveness Index report - this year's index post South Africa +7 points higher than last year. Institutions, Health, and the Product Market largest economies prices tend to … October 11, 2019 Economic. Driven by improvements in Institutions, Health, and the Product Market six positions in index... 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