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WATCH: Nedbank on SA’s growth in 2020
Nedbank CIB’s Avinash Kalkapersad talks to Business Day TV about SA’s embattled economy
28 November 2019 - 11:41
Nedbank expects the local economy to grow modestly, with estimates for 2020 coming in at 1%.
That is higher than this year’s growth estimate of 0.4%, but strategists have warned that even that muted recovery in economic growth is at risk due to a growing budget deficit, bulging debt burden and state-owned enterprises (SOEs) that continue to drain resources...
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