Weekend Argus Saturday

SA economy at mercy of 2024 election results

Outlook

The country’s general elections next year have economists on tenterhooks as they wait to see the outcome.

They warn that local and international investors are “sitting on their hands” waiting for the result.

Professor Raymond Parsons, from North-West University Business School, said the economic outlook would be shaped by global economic trends, geopolitical developments, domestic infrastructural challenges, effective implementation of reform commitments by the government and the pending elections in the country.

Parsons said South Africans would be glad to see the back of 2023 “with its persistent fault lines”.

Daniel Silke, the director of Political

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