16 Mar 2021

Economic update with Chris Holdsworth

Quick Update

A collection of news in brief from Investec Private Banking

Chris Holdsworth, Investec’s investment strategist, shares his thoughts on the South African economy within the global context. 


He discusses the effect of stimulus programmes in the US and China, SA’s higher commodity prices and trade surplus as well as an increase in tax revenue which has reduced taxes for individuals and businesses. Business confidence in SA is up to pre-Covid levels, but GDP will take some time to recover, especially with the uncertainty around ongoing load shedding

 

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