obaaderemi:
The same bank gave Nigeria 2.3% Meanwhile Nigeria is a bigger economy than South Africa and bigger economies usually grow more slowly.

Secondly, there are countries who have done more tests than South Africa and still have fewer cases of covid. Fact is South Africa has a worse case of covid than any other African country.

Kuruptnigga:
When will South Africa be like this. Maybe 2050. This is Indonesia ooh

rainmon:


GDP Per Capita (PPP) (IMF)

Indonesia: US$12.345
South Africa: US$ 11.911

Quality of overall infrastructure (World Bank)

Indonesia: ranked 68
South Africa: ranked 72

Human Development Index (HDI) (UN)

Indonesia: 0.707
South Africa: 0.705

Accumulated Economic Growth in the last 5 years(2015-2019)

Indonesia: 25.2%
South Africa: 3.9%

Population Growth Rate (latest figures)

Indonesia: 1.1%
South Africa: 1.4%

I still don't understand why you should lie to cover up your country's deteriorated economic performances.

Admit it, and we can discuss constructively how to overcome this because a wealthier SA will be beneficial for the rest of Africa.

lightinghammer:


South Africa cannot match the strong rise of Southeast Asian nations

Samorobo2:


Forget it mzanzi SA is nothing close to Indonesia or Malaysia...... No amount of wailing will change that.....
Focus on inequality and poverty now(I know you will remind me of our poverty but that won't stop me from spilling the obvious truth regardless of the fact we both share thesame problem)........

Obakillah:


[s]Who is Gallivant? Seems like you find solace in 'gallivant' when running away from facts.

www.nairaland.com/attachments/12760521_screenshot20201129065244firefoxnightly_jpeg99c49ad292f9820d11b5753e40a0e361 [/s]

jln115:
Actually Nigeria is a developing country with a massive population, technically Nigeria should be growing much faster than SA.... Not the other way around

jln115:
Quote where I argued those facts mate..........Ill wait

jln115:
we there now mate:

obaaderemi:
Are you mad or just plain stupidd? You brought a chart that shows South Africa and Vietnam population growth rate as equal at 0.5% only for you to later say, Vietnam is slightly ahead population growth wise! And here you are saying you never argued it. Well, we are used to your bshit.

Kuruptnigga:
You're not there yet mate

obaaderemi:
No, take Ghana and Kenya for example( two other countries on this thread). Kenya has a far bigger population than ghana, technically according to your logic Kenya should be growing faster economically than Ghana. But its the other way round.

South Africa is hardly a developed country.

jln115:
According to the World Banks LPI rankings SA is 33rd and Indonesia is 46th.........so yeah

jln115:
I meant by 2050..... I said in an early post that Indonesia and SA are very similar in terms of wealth per capita(SA is slightly ahead) and GDP per capita (Indonesia slightly ahead)

Secondly Lpi rankings:
SA 33th
Indonesia:46th

jln115:
we there now mate:

rainmon:


Wait, are you saying that South Africa's growth will double Indonesia's? You are already left by Indonesia, and Vietnam, Philippines and Bangladesh are easily outpacing SA with min. 6% growths.

What are your economic drivers again? You haven't answered that.

When you have at least 5% economic growth annually for the next two decades, you may talk about how in 2050 SA would still be slightly richer than asian countries.

But for now, to make sure SA's population growth rate to be lower than its economic growth would be our concern. Not to mention your inequality issues and crime problems.

Tell me what kind of future a country would hold when the country is crowded, no working economic drivers and inequal?

Kuruptnigga:
That's absolutely rubbish. I don't do world Bank nonsense. Reality is what I want

jln115:
I said our GDP per capita will be double that than Indonesia by 2050 this is supported by the PWC report I gave you which you continually dismiss because it doesn't suite your opinion..... and yes even though their growth rate will be higher, due to their larger population and population growth SA will have a larger GDP per capita........simple mathematics

Also what economic drivers do you want me to list? Retail? Finance? Manufacturing?

rainmon:


Oh not again with that 2050 projection. You are well aware that the projection was made long before the pandemic. Every body with sanity will dismiss your so called projection.

In 80s, everyone talked about how Japan would dwarf USA economically despite having smaller population. But it never happens because the lost decades Japan suffered in 90s until now. SA will be no different given your 0.1%-1% economic growth yearly.

jln115:
fvck off laaitjie.... The grown ups are talking

lightinghammer:


South Africa cannot match the strong rise of Southeast Asian nations

lightinghammer:


Behold the massive development of Southeast Asian nations

1. Indonesia

chrisooblog:
in all honesty i never expected kenya to go into recession men this covid really did all countries dirty

obaaderemi:
That's after the illiterate buhari must have disappeared from the scene.

obaaderemi:
You should have known Kenya should be in recession long ago. They have actually being cooking their data!
If you had followed the other thread( which is dead now and trudging on due to Nigerians and Ghanaians trading insults.)you would have seen samorobo, myself,Kazikazi and 6883419 expose their 60bn economy.

obaaderemi:
Southafrica should have easily been like Indonesia or Malaysia today or even better if the white settlers had allowed blacks to develop along with them. Now the blacks are in power and they are struggling to make things go well.

rainmon:


GDP Per Capita (PPP) (IMF)

Indonesia: US$12.345
South Africa: US$ 11.911

Quality of overall infrastructure (World Bank)

Indonesia: ranked 68
South Africa: ranked 72

Human Development Index (HDI) (UN)

Indonesia: 0.707
South Africa: 0.705

Accumulated Economic Growth in the last 5 years(2015-2019)

Indonesia: 25.2%
South Africa: 3.9%

Population Growth Rate (latest figures)

Indonesia: 1.1%
South Africa: 1.4%

I still don't understand why you should lie to cover up your country's deteriorated economic performances.

Admit it, and we can discuss constructively how to overcome this because a wealthier SA will be beneficial for the rest of Africa.

Samorobo2:


Jln115 let's be honest no where in SA looks half like this.....

Obakillah:


Calm down obaboon, no one is obsessed with Nigeria.

www.nairaland.com/attachments/12775955_20201202073612_jpegb9c1001249d8c4c04a93aece685c1172

jln115:
I beg to differ

Samorobo2:


Jln115 are we still debating this......
This settles everything

Samorobo2:


No doubt beautiful but Indonesia makes you look like a cry baby......... accept and move on