The International Monetary Fund (IMF) has slashed its growth forecast for SA for 2019 and 2020 spelling trouble for President Cyril Ramaphosa, who came to power on a ticket of reform and economic growth.

The fund cut its GDP growth forecasts to 0.7% for 2019 from 1.2% previously, and 1.1% for 2020 from 1.5%. This followed significant revisions in April brought about by policy and political uncertainty ahead of the elections.

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