South Africa's strategic partnership with Indonesia represents a golden opportunity for economic transformation. Bilateral trade has grown substantially, and both nations are perfectly positioned to create a sustainable electric-mobility value chain leveraging Indonesia's nickel leadership and South Africa's platinum reserves.
South Africa's economy remains trapped in structural weakness, ranking a dismal 83rd globally for economic freedom with no improvement. High government consumption, punitive tax rates and restrictive labor laws continue driving away investment and top taxpayers while the ANC admits the economy is in a state of emergency.
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