you are currently viewing::South African growth outlook has improved but inflation risks abound, central bank says at DavosJanuary 21, 2025--Growth in Africa's most industrialised economy could be close to 2% in 2025, versus the 1.1% growth projected for 2024 South African Reserve Bank (SARB) Governor Lesetja Kganyago told Reuters in an interview at the World Economic Forum's annual meeting in Davos, Switzerland, that growth in Africa's most industrialised economy could be close to 2% in 2025, versus the 1.1% growth projected for 2024. Source: zawya.com |
February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending.