South Africa economic update - safety first: the economic cost of crime in South Africa
The fourteenth edition of the South Africa Economic Update, Safety First: The Economic Cost of Crime in South Africa, discusses South Africa’s economic prospects and highlights the critical need to address the challenge of high crime, to reduce its adverse effects on the economy and society at large. South Africa's GDP growth has returned to its pre-pandemic trend and is expected to increase by 0.7 percent in 2023 and is projected to rise to an average of 1.5 percent from 2024 to 2026 due to the gradual easing of electricity supply constraints. Accelerating the implementation of structural reforms will boost South Africa’s growth potential.
