The 2017 WEF Global Competitiveness Report (GCR) ranked South Africa in the 61st position out of 137 countries in terms of the World Economic Forum’s Global Competitiveness Index. The 2018 WEF GCR indicated a drop of six positions in South Africa’s world competitiveness ranking to number 67th out of 140 countries, a continuation of a slide that had started a couple of years earlier.
(Source: Agbiz e-newsletter, 11 October 2019)
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