More skilled workforce needed in South Africa

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South Africa's economy is struggling to make progress as foreign investment wanes and the government...

South Africa's economy is struggling to make progress as foreign investment wanes and the government tries to tackle education and crime. Jonathan Asante, a fund manager on Framlington's Emerging Markets desk, says South Africa faces a number of problems, the first being nobody seems willing to fund its growth. The economy appears to be having trouble growing because of a skills and capital-drain that is seeing all the country's talent emigrate. At the same time foreign direct investment is low over concerns about the country's ability to provide a stable, skilled workforce. According t...

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