The Money Show’s Bruce Whitfield interviewed Mike Schussler, Chief Economist at Economists.co.za.
Schussler says South Africa could be heading for a recession.
He gives the following five reasons:
Productive sectors are struggling
We’re shooting ourselves in the foot (e.g. load shedding, tourism visa issues, etc.)
- The rand, inflation and interest rates
Scroll down for quotes from the audio below.
We’re probably already in a recession.— Mike Schussler
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