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Five key factors that will affect South Africa’s economy and your wallet this year

11 January 2021

Five key factors that will affect South Africa’s economy and your wallet this year

 

London-based consultancy Capital Economics reckons the renewed lockdown measures imposed late in December shut down about 20% of the economy, shaving 0.5% of potential growth off this year. If these get renewed or if more stringent regulations are brought back, the throttling of the economy could herald a Q1 contraction.

 

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