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...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.