Business News


2014 World Economic Forum Global Competitiveness Index results to feature in discussions at the 2nd Annual South African Competitiveness Forum

Johannesburg, Thursday 4 September 2014 – The 2014/15 World Economic Forum’s Global Competitiveness Index, released yesterday, indicates that South Africa has improved in seven (7) of the 12 pillars on which countries are assessed.

Improvements have been noted in the areas of: 
• Institutions
• Infrastructure
• Macroeconomic environment
• Health and primary education
• Higher education and training
• Labour market efficiency, and
• Business sophistication

Commenting on the 2014 results, Brand South Africa CEO Miller Matola said, “It is pleasing that South Africa has improved on these seven pillars. These speak to the success of South Africa’s collective efforts to create the conditions that will lead to improvements in the lives of the citizens of our country. These pillars are also aligned to the National Development Plan and these improvements show that we are making strides in implementing this plan. We must collectively play our part to continue implementing this plan and improving our competitiveness,” concluded Mr Matola.

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