×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The combination of economic and political developments over the past 12 months in SA has generated particular interest in the outlook for the economy in 2020. What are some of the relevant factors to be taken into account as the next year unfolds? 2019 was the year in which the bad news about the economy outweighed the good. Consequently, SA’s GDP growth rate too often found itself in negative territory during the year.

More recently, the poor GDP growth of -0.6% in the third quarter of 2019 was followed in the fourth by weak manufacturing and mining data, sagging retail turnovers, meagre new-vehicle sales, as well as continued low business confidence. These trends suggest SA will struggle to even reach the previously revised, generally low forecasts of 0.5% growth for 2019, a growth rate that may now, in fact, yet fall lower...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

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

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.