South Africa needs a perfect storm

• South Africa needs a perfect storm of global and local factors to achieve 5% annual economic growth.
• The country's economy has stagnated due to lack of growth story, but it is highly open and closely tied to global events in sectors like mining, finance, and technology.
• Reforms are happening, but they are taking place too slowly, with the actual execution remaining a mixed bag and thousands of jobs and billions of rands worth of invested capital bound up in the performance of the global economy.