Explainer: What forces will shape South Africa’s economy in 2023? - Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
For a small, open economy like South Africa’s, these ructions in the global economy were bound to take their toll. And although aended up being a boon for the country’s mining companies — and for the public purse — the pinch on consumers was a threat to growth.
As we look ahead into 2023, a number of forces are set to shape South Africa’s economy, the biggest being the country’s energy predicament. Then there is theSupport the journalism that helps you navigate your world Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”
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