Soweto and the legacy of apartheid – the costs of doing business in undeserved markets
Sheny MedaniMarket Decisions, South Africa
INTRODUCTION
Today, the continent of Africa presents the greatest challenge in terms of economic development. Almost 850 million people live in Africa, but our development has been hindered, amongst other things, by:
Poor leadership and bad governance;
Low levels of grassroots development and insufficient skills;
High risk, from a political and financial aspect;
A weak private sector and a strong public sector presence within the economy;
High dependency on donor aid;
Poor infrastructure;
Corruption, currency fluctuations and other (see...