Covid-19 Business Watch
WATCH: Taking the temperature of the SA economy
Michael Avery and a panel talk about SA’s economic climate
14 April 2021 - 14:47
The International Monetary Fund has upped its GDP growth forecast for SA in 2021 from 2.8% to 3.1%. The SA Reserve Bank recently raised its 2021 growth forecast from 3.6% to 3.8%, while some private-sector economists, such as Old Mutual, think growth this year may be as high as 5%.
Yet load-shedding bites again as a stark reminder of the fundamental weakness the economy displayed going into Covid-19 that still lurks as a threat to riding any global rebound waves...
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