You are currently viewing Driving Socio-Economic Development and Transformation in Southern Africa
“The availability of land anchors all land-based productive activities, including agriculture, mining, forestry, animal husbandry and tourism. Labour provides the skills which combine with technology and capital for transformation and financial capital resources that oil investment. For Southern Africa, the natural resources-based sector, mainly agriculture, mining and tourism, are key drivers of socio-economic transformation and development. The region’s comparative advantage lies in the natural resource endowments in land as well as the embedded potential. For example, the region hosts the world’s largest resources of platinum group metals, chromium, manganese, phosphate, and other base and industrial minerals key for industrialisation.” “Agriculture and mining represent major development opportunities for the region to propel economic growth and transformation based on the abundant land and mineral resources. Through the link with business opportunities along the various commodity value chains and the associated linkages, the sectors can anchor socio-economic transformation and drive inclusive sustainable, equitable growth in the region when supported by appropriate policies. Key to benefiting from agriculture is treating smallholder agriculture as a business and providing the requisite technology, skills and financial support.” “Growth paths in Southern Africa that are able to address poverty and unemployment can be pursued through agriculture, mineral
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This Post Has 2 Comments

  1. Jabulile Felicity Ngcobo

    Thank you for the wealth of our ecyclopadia knowledge of our rich unpublished heritage.
    God spare you many more, touch the hearts of voluntary. generously development giving out investors.

  2. Grant Rex

    Agriculture now only contributes 2.7% to Siuth Africa’s GDP (the size of the whole economy). Services contribute 60%, and manufacturing 22%. Mining has also shrunk to below 10%. This analysis of the solution to Economic growth (whether participatory or not), is dated and out of touch – it belongs in the 1950’s.

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