This year started on an optimistic note for South African economic growth.

Following two years of sub-1% growth, in line with the average over the past decade, an improvement between 1.5% and 2% was in view due to several tailwinds — such as lower interest rates and low inflation, no load-shedding for a considerable time, notable railway and port improvements, and a seemingly more conducive political and policy environment for business under the government of national unity (GNU)...

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