The global ratings agency, S&P, has said economic growth in South Africa should reach between 1.3% and 1.6% between 2025 and 2027. This is double the 0.6% the country expanded by in 2024.

It also said it expected inflation to average about 4% over the next two years, down from a peak of 7% in 2022.

S&P said that this improved growth forecast was because of a reduction in loadshedding.

This is ahead of a full ratings review which is due to be released on Friday.


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