South African economic predictions for 2019

Last year saw South African economy performing weakly in the markets as well as rating agencies putting the country in junk status.

As the year begins, will the economy in 2019 yield positive results form all the efforts government has put in place?

Annabel Bishop, Chief Economist at Investec says looking at all the happenings in the country that are impacting on the economy, it is a concern to speculate whether the economy will deliver positive outcomes.

A piece of good news that we can look at is that we have seen business confidence in the last few readings start to reflecting out.

Annabel Bishop, Chief Economist at Investec

Perhaps there would be some pick up in fixed investment going forward and obviously, that would be a positive for economic growth and of course employment.

Annabel Bishop, Chief Economist at Investec

Unfortunately there wasn't going to be a quick fix in 2018 and hopefully, it will come through in 2019.

Annabel Bishop, Chief Economist at Investec

To hear the rest of the conversation, listen below:


This article first appeared on 702 : South African economic predictions for 2019


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