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Ramaphosa has made it his business to woo international investors and, through his annual South African Investment Conference, he raised R1.5 trillion from 2019 to 2023. (GCIS)
AFRICAN CONTINENTAL FREE TRADE AREA

Sona: South Africa is ready for growth and investment

The president said the focus was on investment in infrastructure for transport systems, reforming state-owned entities, fixing water and sanitation, the green economy and energy

  • Lyse Comins
9 min read
the country’s government debt to GDP ratio is unsustainable at 73.45%. In other words, our debt stock is worth nearly three-quarters of the total value of goods and services produced in the country in any given year. (Waldo Swiegers/Bloomberg via Getty Images)
BUSINESS

Brighter 2025 outlook for South Africa’s economy

Analysts expect GDP growth to be 1.5% to 2% in the coming year, which will is also likely to see further interest rate cuts

  • Lyse Comins
6 min read