The Minister of Finance, Enoch Godongwana, spoke on 21 September 2021 at the launch of a new book by Pamela Mondliwa, Antonio Andreoni, Simon Roberts and Fiona Tregenna titled Structural transformation in South Africa: The challenges of inclusive industrial development in a middle-income country. The Minister’s address acknowledged that the South African economy is unsustainable. He says ‘Part of our policy response requires that we place emphasis on fundamentally transforming the structure of our economy – to move from low growth and low labour absorbing sectors, to sectors of high growth, high productivity and greater labour absorption.’
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