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This study note covers aspects of economic growth and development in South Africa. The South African economy has been described by economist Ruchir Sharma in his recent book Breakout Nations as "a developed market wrapped inside an emerging market". Two decades on from the formal end of the old apartheid regime, the South African economy can lay claim to being one of the wealthiest in Africa ...
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The coal mining industry has played a significant role in the development of the South African economy. Coal supplies about 70% of South Africa's primary energy and is likely to remain the country's major source of energy despite the increasing trends towards renewable energy.
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