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An economic miracle is within our reach

29 September 2016 6:30 PM
The recent weak growth experienced in South Africa has been a function of once-off factors, argues Citadel’s Dr Adrian Saville.

There’s nothing more dangerous than a naïve optimist!

Dr Adrian Saville, Citadel

We’ve been in a per capita recession for the past 10 years.

Dr Adrian Saville, Citadel

Recovering commodity prices, the passing of the drought and the reversal of our electricity shortage could see us achieve 2% growth.

Dr Adrian Saville, Citadel

Wouldn’t it be great if South Africa could break free of its slow-growth shackles?

It’s not far-fetched at all to believe we can, argues Citadel Chief Strategist Dr Adrian Saville.

The Money Show’s Bruce Whitfield interviewed Saville.

Scroll down for more quotes from the audio below.

Our institutions remain strong and independent.

Dr Adrian Saville, Citadel

Our 10-year government bond yield is where you’d expect it to be if we were already at junk status. The bad news is already factored in.

Dr Adrian Saville, Citadel

It’s well within our reach to achieve elevated growth.

Dr Adrian Saville, Citadel

South Africa desperately needs to become a nation of savers rather than consumers.

Dr Adrian Saville, Citadel

We need growth of at least 1% above the population growth rate of 1.7%.

Dr Adrian Saville, Citadel

I suspect 2017 will produce better growth than 2016.

Dr Adrian Saville, Citadel

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Article brought to us by Old Mutual.


29 September 2016 6:30 PM