Yet another study, this time from the Bureau of Economic Research, confirms what we've known all along. But will it change anything?
"It emerges that - in order of importance - regulatory constraints (labour regulations and official red tape), state leadership and capacity (policy support and municipal services), infrastructure deficiencies and costs (electricity supply problems and communications costs) and labour skills are key issues hampering business activity - and by extension - economic growth in South Africa," the BER said.
The researchers said that between 30% and 45% of all the respondents rated these factors to be serious to debilitating issues in terms of the operation of their business.
A "second tier" of constraints could also be identified, namely, the volatility and (strong) level of the exchange rate, lack of competition (e.g. monopoly pricing), tax administration and road travel deficiencies.
Full story from Fin24 here