Business

BER slashes SA growth forecast to 1.5%

0

The Bureau for Economic Research also expects growth to average just 1.6% in 2027-30

12 May 2025 – 06:11

by Jana Marx

The Bureau for Economic Research (BER) at Stellenbosch University has downgraded its real GDP forecast for SA from 2% to 1.5% in 2025, citing mounting political instability and unresolved global economic risks.

This aligns with Moody’s Ratings, which also cut (https://www.businesslive.co.za/bd/economy/2025-05-06-moodys-cuts-sa-growth-forecast-to-15/) its forecast to 1.5% last week — a 0.2 percentage point downgrade from its February projection…

Source

Nvidia shares roar back to life

Previous article

Africa Vaccination Week 2025: Message from Ms Shenaaz El-Halabi, WHO South Africa Representative

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Business