Not all gloom for SA’s economy
The SA economy is hanging onto a few life rafts. Policymakers should use them to boost the country’s growth story
06 February 2020 - 05:00
SA’s economy may be in the doldrums, but there are at least three bright spots that could make a difference: new investment by renewable energy producers could boost GDP; soaring platinum group metals (PGM) prices are making mining more profitable; and significantly lower inflation should beget lower interest rates.
"I’m increasingly starting to think that green energy may be our saviour," says Bureau for Economic Research (BER) chief economist Hugo Pienaar...
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