This is according to the North-West University Policy Uncertainty Index , and comes as some of the negative influences either subsided or were priced in by the market, said report author Professor Raymond Parsons on Monday.
In the fourth quarter, however, it fell from those highs, dropping from 59.6 in Q3 2022 to 53.2 in the last quarter of the year. The report notes that high levels of policy uncertainty have been shown, empirically, to deter investment, employment, and output."Elevated policy uncertainty in many countries contributes to sluggish growth. Economic policy uncertainty then has actual consequences for the economy," write the authors.
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_Business His Excellency Side Hustling president Cyril Hazim Ramaphosa
_Business Still trying to save the buffalo even now.
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