Policy Uncertainty Derailing SA Economic Recovery

SOUTH AFRICA - Presentation 04 May 2017 by Iraj Abedian

The SA economy is afflicted by structural blockages as well as high political and policy uncertainty. A climate of low confidence for business and consumers is undermining future growth prospects. Currency volatility presents a major upside risk to the inflation outlook; the Reserve Bank is now less likely to cut, with a possibility of hikes should volatility increase. For charts on these and other points, see the presentation.

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