Five years before economy may return to pre-Covid levels, says Absa’s Gable  

It will, most likely, take half a decade before the South African economy returns to the level it was at the end of 2019, says Absa chief economist Jeff Gable. “And 2019 was a miserable year for South Africa – the economy grew barely 0.5%. On top of that we weren’t doing great in the previous years either. So the baseline of 2019 is very undemanding.”

from Engineering News | Home https://ift.tt/3kJ1Hzl