Subscribe to the bi-annual report
  • This field is for validation purposes and should be left unchanged.
Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day by Sunita Menon.]

Less than a month before  the general election, the IMF has taken a grim view on SA’s growth outlook.

The Washington-based lender cut growth forecasts to 1.2% for 2019 from 1.4% and 1.5% for 2020 from 1.7%. It kept growth forecasts unchanged in January, but had revised down significantly in October 2018.

This is below the Treasury’s forecast of 1.5% for 2019 and the Reserve Bank’s projection of 1.6%.

Continue reading here.

South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.0% y/y in January 2019 (CPI) & +4.1 y/y in January 2019 (PPI)
1.4% q/q (4th quarter of 2018)
More information: Click here!