Absa is the latest financial institution to revise upwards its GDP for SA for 2024 and 2025 as Eskom keeps the lights on, restoring confidence in the underperforming economy, but warned that emerging water shortage was a risk to the outlook.
The bank, in the Quarterly Perspectives report for the three months to the end of September released on Wednesday, said its baseline forecast assumed no further systematic implementation of load-shedding...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.