Government's call to add value to South African mineral exports

Описание: Government's call to add value to South African mineral exports through beneficiation has been called into question. Emerging market expert Martyn Davies says having natural resources in the ground confers zero benefit. While it's a natural bonus, he argues that investment in people skills is the ingredient that helps trigger economy growth. Based on current trends, Davies says it will take South Africa 50 years to double its GDP. The local economy grew at 1.4 percent last year, and is expected to grow shy of 2.0 percent this year.

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