SA’s economy: Is there a real reason for optimism?
Economic optimism generated by the GNU and Eskom is finely balanced against the pessimism developed over years of disillusionment
12 September 2024 - 05:01
Despite five months without load-shedding and the successful formation of the government of national unity (GNU), which has spurred a relief rally in South African financial assets, the real economy remains flat-footed.
This is producing divergent views on South Africa’s prospects. Many economists see structural reform gaining momentum and slowly but decisively pushing up the growth rate, but others remain wary of the many pitfalls that could upend the nascent revival...
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