Economic update with Chris Holdsworth
16 Mar 2021
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