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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

The International Monetary Fund (IMF) has cut South Africa’s economic growth forecast for 2017.

The group cited “rising political uncertainty” as the main factor behind the cut, stating that it has dented consumer and business confidence across the country.

The IMF now predicts South Africa’s economy to grow just 0.7% by the end of 2017 – down from original forecasts of 1.0%.

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South Africa at a Glance
56 500 000 (mid 2017 estimate)
5.1% y/y in September 2017 (CPI) & +4.2% y/y in August 2017 (PPI)
2.5% q/q for the 2nd quarter of 2017
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