Uptick in private investment could be thwarted by a weak economy and power woes
Private sector investment — which has seen unexpected double digit increases in recent months — is unlikely to be sustained as growth lags and power cuts bite
17 December 2019 - 19:13
Continued power cuts, depressed business confidence and uncertainty over the government’s weak fiscal position could weigh down a recent turnaround in private sector investment in SA’s embattled economy.
According to data from the SA Reserve Bank’s most recent quarterly bulletin, fixed investment by the private sector rose in the second and third quarters of the year by 15.8% and 10.8% respectively. ..
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