South Africa’s economic growth forecast to reach 2% by 2028
Mihaela Măncilă
The projection follows a GDP rebound largely driven by recovery from the Covid-19 pandemic South Africa’s economic growth is projected to rise by 0.2 percentage points annually to reach 2% by 2028, according to a forecast by the National Treasury. This optimism comes on the heels of a GDP rebound that saw the economy expand by approximately 2.1% in 2022, largely attributed to the recovery from the effects of the Covid-19 pandemic, according to Business Report. Achieving growth rates akin to
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