Why is capital so much more productive than labour in South Africa?

JSE listed companies have an impressive record of generating wealth for their shareholders. We show how they have done so through their excellent management of the capital they have invested. We show also that such impressive performance has been associated with tepid growth in Real Value Added by the SA economy and declines in formal employment.

Click to read the full piece.

Leave a Reply

Your email address will not be published. Required fields are marked *