Open figure viewer
Significance
The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first quarter (narrowly avoiding a technical recession) and a surprise but not sustainable easing of power outages in early June.
Keywords:
South Africa,
AF,
PROSPECTS H2 2023,
economy,
international relations,
politics,
social,
debt,
election,
fiscal,
foreign policy,
foreign trade,
growth,
monetary,
reform,
sanctions,
utilities,
wages
© Oxford Analytica 2023. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2023
You do not currently have access to this content.
