There is prevailing conventional wisdom among labour and certain parts of government and industry who believe that a weak rand will reverse South Africa’s sagging industrial competitiveness, thereby lifting economic growth and redress our unemployment problem.

But since 2011 the rand has steadily weakened and where are the jobs? Why hasn’t a weaker rand saved us?
Adrian Saville <a data-cke-saved-href="" href="" _blank"="">shares his views with