World Bank cuts SA's growth forecast

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The outlook for South Africa's economy is not about to improve, according to the World Bank

JOHANNESBURG - The outlook for South Africa's economy is not about to improve, according to the World Bank.

In its latest Global Economic Prospects report, the World Bank cut its economic growth forecast for South Africa to below 1 percent for 2020 and its all thanks to Eskom.The power utility says it lost additional generating capacity overnight.Source

Source: Financial Digest (financialdigest.net)

 

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Of course it won’t!! Not while the useless, corrupt and incompetent ANC is in power!!

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