South Africa’s Low Growth Leaves Citizens Poorer Than Global Average, Investec Says

South Africa’s anemic economic growth since 2010 has left its population significantly poorer than the global average, according to Investec Wealth & Investment International.

“You can see a decoupling of South Africa’s gross domestic product per capita from the rest of the world in 2010,” Osagyefo Mazwai, investment strategist at Investec Wealth & Investment International, which manages 530 billion rand ($30 billion) in assets, said in an interview.