South Africa Sees Fresh Start for Economy, With the Same Challenges<br />“The crucial issue for South Africa is jobs and growth,” said Ian Goldin, who served as a senior economic adviser to Nelson Mandela when he was president of South Africa,<br />and is now a professor of globalization at the University of Oxford in Britain.<br />In the nearly quarter-century since apartheid ended in South Africa, the dominant African National Congress<br />party has lost some of its moral authority as a vessel for lifting the fortunes of black people.<br />Mr. Ramaphosa, 65, may champion new initiatives aimed at generating economic growth, yet he finds himself relying<br />on his party brethren to execute his visions, with no certainty that the money will land where intended.<br />“You’re going to need a lot more than taking out the guy at the top.”<br />Above all, Mr. Ramaphosa must contend with the structural defects that have long constrained South Africa’s economy, a legacy of apartheid.
