THE structure of SA’s economy welcomes few entrants. It is highly concentrated with insiders firmly entrenched. Widening access to the economy, according to the results of a set of studies released this week, will require a concerted and collaborative effort by the government to alter the economic landscape, remove barriers to entry, enhance competition and foster inclusive growth.
IN THE next few years, the South African banking sector will see shifts in ownership due to developments at Barclays, Old Mutual and the reconstitution of African Bank. These have been touted as opportunities to bring new players into banking. But what about entrants who want to pursue their own business models as competitors to the incumbents?