BYLINE: Slindile Khanyile
Durban: Deputy president Phumzile Mlambo-Ngcuka has warned that South Africa's economic growth will not be sustainable if it continues to be driven mainly by the exports of raw materials and an emerging black middle class that consumes mostly imported goods.
Speaking at the SA Trade and Investment Conference and Exhibition yesterday, Mlambo-Ngcuka called for a balance and diversification of the country's economic growth.
"... last year all our provinces grew by an average 3% of gross domestic products per annum and indicators are that we can grow faster and move robustly," said Mlambo-Ngcuka.
"But we need a …
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