Economic rebound enough for 1% growth, Old Mutual Investment group says
Higher growth will largely be based on the rebound in consumer spending and private-sector fixed investment spending.
11 September 2019 - 13:13
The Old Mutual Investment Group is confident the rebound in the economy in the second half of the year will be strong enough to see growth of almost 1%.
“A gradual upward move in growth is expected because of structural reforms, but our debt to GDP is still ballooning,” the group's chief economist, Johann Els, said at a media briefing on Wednesday in Sandton...
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