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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 37. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

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?

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »