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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
57 700 000 (mid 2018 estimate)
5.1% y/y in July 2018 (CPI) & +6.1 y/y in July 2018 (PPI)
-0.7% q/q (2nd quarter of 2018)
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