SA’s economy grew ahead of expectations in the second quarter, reflecting the positive impact that June’s moderation in blackouts had after high levels of load-shedding in April and May.

A low growth rate reduces potential tax revenues and increases the expenditure needs of the government, making it harder to achieve fiscal sustainability and forcing the government into a trade-off between balancing its budget and pursuing other policy goals, such as social welfare...

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.