Economy

Summary of Performance

as of May 7, 2025

Arranged in order of latest update

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Increase employment and work opportunities, targeting 6 million jobs and reduce unemployment to below 28% by 2029Read MoreRight arrow
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Accelerate growth of strategic industrial and labour-intensive sectorsRead MoreRight arrow
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Create an enabling environment for investment and improved competitiveness through structural reformsRead MoreRight arrow
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Increase infrastructure investment, access, and efficiencyRead MoreRight arrow
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Improve the export environment through a review of industrial policy, localisation initiatives and sector-specific policiesRead MoreRight arrow
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Increase trade and investment by leveraging on existing partnerships such as BRICS+, Agoa and SA-UKRead MoreRight arrow
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Reduce the high cost of investment and cross-border trade and address the structural decline in global competitiveness, including addressing constraints in logistics, energy, and other network industries and regulatory barriersRead MoreRight arrow
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Achieve 2.7% GDP growth by 2027 and above 3% GDP growth by 2019Read MoreRight arrow
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Establish a comprehensive and targeted export promotion strategy and export finance framework to address information asymmetries and ensure appropriate financial products and services are availableRead MoreRight arrow
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Implement practical partnerships between the state and sector-focused private sector bodies to promote investment, exports, and job creation in future-facing sectorsRead MoreRight arrow
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Create a dynamic science, technology, and innovation ecosystem for growthRead MoreRight arrow
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Establish economic transformation and equitable inclusion of women, youth and persons with disabilities for a just societyRead MoreRight arrow
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Accelerate interventions for redress, economic empowerment, and spatial transformation in favour of previously marginalised groupsRead MoreRight arrow
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Create active support and access to finance, markets and public procurement opportunities for Women, Youth and Persons with DisabilitiesRead MoreRight arrow
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Create an enabling environment for private sector investment and reduce the complexity of the PPP regulatory frameworkRead MoreRight arrow
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Expand and strengthen the transmission network to enable new generation capacity in areas with strong wind and solar resourcesRead MoreRight arrow
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Build over 14,400 km of new high-voltage transmission lines under the Transmission Development Plan (TDP)Read MoreRight arrow
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Develop an Independent Transmission Projects Policy FrameworkRead MoreRight arrow
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The Department of Employment and Labour, in consultation with the National Treasury, will ensure that the national minimum wage is regularly increased, in line with inflationRead MoreRight arrow
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Create an enabling environment for MSMEs, township and village enterprises, formal start-ups, and informal enterprises, targeting 1.055 million small businessesRead MoreRight arrow
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Launch One Stop Shops across all provinces for small and medium enterprisesRead MoreRight arrow
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Implement the Freight Logistics Roadmap to enable private sector investment in ports and railRead MoreRight arrow
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Upgrade the e-Visa system to an Electronic Travel Authorisation (ETA) systemRead MoreRight arrow
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Improve airlift through new airline routes to South African airportsRead MoreRight arrow
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Increase destination marketing and improve security at key tourist sitesRead MoreRight arrow
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Strengthen the South African Revenue Service (SARS) to maximise resource mobilisationRead MoreRight arrow
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Simplify and speed up planning and regulatory processes to make it easier for businesses to invest and operate in a municipality, thus creating more jobsRead MoreRight arrow
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Increase the scale of investment in infrastructureRead MoreRight arrow
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Increase funding to land reform, prioritise the transfer of state land and improve post-settlement support by strengthening the institutional capacity of responsible structures.Read MoreRight arrow
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Reduce the undue regulatory burdens that hold back businesses from creating jobs.Read MoreRight arrow
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Complete the recovery of the passenger rail network across the country to enable people to travel from outlying areas to city centresRead MoreRight arrow
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Expand the basket of essential food items exempt from VAT and undertake a comprehensive review of administered prices, including the fuel price formulaRead MoreRight arrow
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Manage public finances with a view to stabilising debtRead MoreRight arrow
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Implement the Freight Logistics RoadmapRead MoreRight arrow
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Launch the second phase of Operation Vulindlela which will focus on reforming the local government system and improving the delivery of basic services, and harnessing digital public infrastructure as a driver of growth and inclusion.Read MoreRight arrow
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Invest more than R1.5 trillion in a just transition, including support for workers and communities in Mpumalanga and other coal-producing regions.Read MoreRight arrow
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Create a green manufacturing sector centred on the export of green hydrogen and associated products, electric vehicles and renewable energy components.Read MoreRight arrow
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Undertake a just transition towards renewable energyRead MoreRight arrow
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Support small- and medium-sized enterprises in townships and rural areasRead MoreRight arrow
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Work with stakeholders to develop and implement Master Plans to grow important industries, increase investment, create jobs and foster transformationRead MoreRight arrow
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Pursue a smart industrial policy that focuses on the competitiveness of our economy, and that incentivises businesses to expand our exports and create jobsRead MoreRight arrow
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Focus on processing our minerals so that the country exports finished productsRead MoreRight arrow
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Simplify the regulations on public-private partnerships to enable greater investment in both social and economic infrastructure developmentRead MoreRight arrow
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Support the growth of rural enterprises and invest in public infrastructure in under-serviced areas.Read MoreRight arrow
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Improve and uphold workers' rightsRead MoreRight arrow

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