The Deputy Minister of Employment and Labour, Ms. Boitumelo Moloi will address Productivity SA Launch of Switzerland ‘s Institute of Management Development (IMD) ‘s 2021 World Competitiveness Yearbook Survey (WCY).
The WCY ranking is an annual report on the competitiveness of selected countries and is recognised internationally as the leading executive opinion survey of competitiveness between nations. It rates the ability of 64 industrialised and emerging economies to create and maintain an environment that sustains the competitiveness of enterprises.
In the four competitive factors for 2020, South Africa ranked as follows:
Economic performance (61st)
Government efficiency (61st)
Business efficiency (58th)
Infrastructure (61st)
Source: Government of South Africa