South Africa sees slight improvement in economic freedom

South Africa jumped ten spots on the Free Market Foundation’s (FMF’s) economic freedom index, ranking this year at 95 out of 159 countries from its 2016 ranking of 105, when its overall rating out of ten – where zero is unfree and ten is free – was 6.64. “This year, at 95, our rating is 6.63 owing to the inclusion of the Gender Disparity Index (GDI) as a factor, without which, South Africa would have been ranked at 103, only two places better than last year,” noted software development company NightsBridge director Neil Emerick at the launch of the Economic Freedom of the World: 2017 Annual Report (EFW), which was released on Thursday by the FMF in conjunction with Canada’s Fraser Institute.