Economy: False dawn or real recovery?
Bloomberg reports that BankservAfrica’s Economic Transactions Index increased 2.4% in Q1:2022, which means SA’s economy likely grew more than 2%, beating economists’ forecasts. Are we too cynical about SA’s slowly improving prospects then? While there’s a long road ahead, SA’s narrative may be shifting in a more positive direction. The odds of a better GDP outcome in 2022 certainly seem to have improved.