Economists express concerns about SA's growth projections - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Economists are concerned about the Reserve Bank’s latest growth projections. This follows the bank’s prediction that the economy will grow by only 0.3% this year due to the severity of the rolling blackouts.

Reserve Bank governor Lesetja Kganyago

The central bank expects consumer inflation to average 5.4% this year. Reserve Bank governor Lesetja Kganyago says there are upside risks to the inflation outlook – mainly from the impact of the continued Russia war in Ukraine, electricity and other administered prices and oil prices.“It’s essentially saying that the economy has stalled – no growth at all they did revise from 1.1. So, what they are saying is subtract over 2% they have factored recent round of load shedding which has intensified.

This has added to the worries of hard-pressed consumers, whose financial problems have been exacerbated by rolling blackouts that have forced some businesses to close.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 37. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

i will always be thankful to God for giving me a reliable source no more lost,. through Brandonkaren11 Bitcoin mining investment platform

😂🤣😅 it won’t even grow!!!

Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Randy_Fxhelps I was able to earn R40,513 now am financially stable

Is this the reason to increase interest rates?

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

PRESERVING NATURE OP-ED: Kogelberg reserve shows how protecting our biospheres is a sound investmentWe must protect our natural assets, for the sake of the planet’s survival, and this can be done while supporting the well-being and economic recovery of communities.
Bron: dailymaverick - 🏆 3. / 84 Lees verder »