South Africa

South Africa built Africa's deepest mining-financial-industrial system through gold, diamonds and state-supported infrastructure, but apartheid locked labour and urban space into extreme inequality; three decades after democratization, weak investment, unemployment, electricity and logistics remain the central constraints on inclusive growth.

2 publications1 structural dossier
LATEST STRUCTURAL DOSSIER · September 23, 2026

South Africa: mineral wealth, apartheid's spatial legacy and the productivity cost of exclusion

South Africa built Africa's deepest mining-financial-industrial system through gold, diamonds and state-supported infrastructure, but apartheid locked labour and urban space into extreme inequality; three decades after democratization, weak investment, unemployment, electricity and logistics remain the central constraints on inclusive growth.

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Global System & Power

South Africa: mineral wealth, apartheid's spatial legacy and the productivity cost of exclusion

South Africa built Africa's deepest mining-financial-industrial system through gold, diamonds and state-supported infrastructure, but apartheid locked labour and urban space into extreme inequality; three decades after democratization, weak investment, unemployment, electricity and logistics remain the central constraints on inclusive growth.