South Africa's economic growth outlook for 2025 upgraded to 2.2% by BER, exceeding Reserve Bank's 1.5% and IMF's 1.2%.

South Africa's economic growth outlook is upgraded to 2.2% for 2025 by the Bureau for Economic Research (BER), surpassing the Reserve Bank's 1.5% and IMF's 1.2% expectations. BLSA CEO Busisiwe Mavuso cites progress in logistics, reforms, and visa access for skilled immigrants as drivers of growth. Mavuso also points out challenges including regulatory uncertainty, court backlogs, and judicial capacity issues as potential hindrances.

August 05, 2024
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