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:


Recommended

by NEWSROOM AI
Read More
International factors will have greatest impact on 2019 SA economy - economist

International factors will have greatest impact on 2019 SA economy - economist

Economist Azar Jammie provides insights about the economic outlook for 2019.

2018 is the year of the commission - economist

2018 is the year of the commission - economist

Political economist Lebohang Pheko gives a review of the political and financial news that made headlines in 2018.

Minister at global forum on boosting digital economy for Africa and EU

Minister at global forum on boosting digital economy for Africa and EU

Minister of Communications Stella Ndabeni-Abrahams is in Austria attending the forum, which is aimed at promoting innovation and digitalisation.

[Exclusive interview] President Cyril Ramaphosa opens up to Xolani Gwala

[Exclusive interview] President Cyril Ramaphosa opens up to Xolani Gwala

Xolani Gwala speaks to President Cyril Ramaphosa in an exclusive interview.

How three letters could save the planet from climate change

How three letters could save the planet from climate change

You might not like it, but the world's best scientists think a tax is the best way to deal with climate change.

Popular articles
[WATCH] Mabena's lack of agility has social media in stitches, we are Mabena!

[WATCH] Mabena's lack of agility has social media in stitches, we are Mabena!

Khabazela shares tweets and Facebook posts that have gone viral.

SA’s richest woman opens up about being a refugee and becoming a billionaire

SA’s richest woman opens up about being a refugee and becoming a billionaire

Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).

Your employer can ask your doctor to write an affidavit to support a sick note

Your employer can ask your doctor to write an affidavit to support a sick note

Law says if a traditional healer is part of medical council with a registered number he or she can write a medical certificate.

[WATCH] 400-metre hurdle race goes viral as athlete dives through finish line

[WATCH] 400-metre hurdle race goes viral as athlete dives through finish line

Khabazela shares tweets and Facebook posts that have gone viral.

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.