Old Mutual Investment Group says 2021 will be SA’s “comeback year” with economic growth rebounding to 5% on the back of a global recovery that will support commodity prices and financial markets, ushering in a strong domestic recovery following last year's Covid-19 devastation.

The Cape Town-based group’s chief economist Johann Els described its projected economic growth for 2021, which compares to a 3.3% forecast by the Treasury, as the “bungee cord rebound effect” from 2020’s more than 7% GDP contraction...

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