ISAAH MHLANGA: Why are we not more bullish about SA?
It’s a question of populism or pragmatic choices that will determine the impact of this reform progress on confidence and, ultimately, economic growth expectations
Economic growth forecasts remain modest over the medium term, and are not reflective of the potential impact of economic reform.
There are two reasons for this disjoint between growth expectations. The first is driven by the possibility of an unstable and policy-unfriendly coalition government after next year's elections. The second is historical — the fact that the government has a terrible track record in implementing its own economic reforms. ..
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