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South Africa’s economic growth will remain subdued in the medium term due to unrest in the platinum sector and a weak global economic environment.
Confidence in SA’s economy dipped in December, with expected rand strength throughout the year weighing on the recovery from a 2009 recession.
Confidence in South Africa’s economy fell slightly in November as analysts trimmed their growth forecasts, a Reuters poll showed on Thursday.
South Africa’s economic confidence improved in January, bolstered by growing optimism the economy will rebound this year.
