DStv Channel 403 Friday, 22 November 2024

SA's economic growth outlook improves but debt burden grows

JOHANNESBURG - South Africa’s economic growth outlook for 2024, at one-percent year-on-year, is stronger than last year's outcome.

READ: SA's economic outlook for 2024

2024 is expected to see the start of an interest rate cutting cycle, lower inflation on average, and improvements to infrastructure. But there are growing concerns about the country's ballooning debt.

So, what impact is this likely to have on overall growth? Annabel Bishop, Investec Chief Economist spoke to eNCA.

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