According to the MPC, inflation would sharply drop in the first quarter of 2025 and economic growth would progressively rebound in the fiscal year that started on July 1...
The IMF report states that these figures have been revised lower than those that were released in April of 2023, which indicated growth of 2.7% in 2024 and 4.2% in 2025...
Both ANC and the centrist DA have taken note of South Africa's lacklustre growth and record unemployment, stating that finding solutions to these problems will be their first priority...