After a year of floods, strikes, soaring inflation, rising interest rates and record load-shedding, South Africans could be forgiven for thinking the economy must have hit rock bottom in 2022, and that this year will surely be better.
Unfortunately, the most recent Thomson Reuters consensus forecast is that South Africa will experience a V-shaped growth path, starting from 1.8% last year, dipping to 1.2% this year and then recovering to 1.8% in 2024...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.