ECONOMIC YEAR HEAD: Make or break for SA
2020 is likely to be a do-or-die year for the SA economy, which is on the cusp of another junk rating after five years of dismal growth
09 January 2020 - 05:00
The prospect of a trade truce between the US and China holds the seeds of a mild recovery in global growth in 2020. If combined with a softer US economy, a weaker dollar and an accommodative Federal Reserve, it could make life a little easier for SA this year.
However, the country will face such tough internal challenges over the next 12 months that any external benefit is unlikely to shift the dial much on growth...
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.