Market Report, "South Africa Infrastructure Report Q1 2013", Published
BMI View: World Cup excesses, heavy bureaucracy and continuing political wrangles have weighed heavy on South Africa's previous glories. Though the country can still boast with the continent's most advanced infrastructure, we are now highlighting a significant relative regional decline. Despite a slow return to positive territory, with a real construction industry growth of 3.6% for 2013, the risks are still plentiful: policy uncertainty, cumbersome bureaucracy, intense credit rating pressure and violent clashes in relation to several strikes at mines...
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