Business
SA likely to enter 'long-term period of low economic growth'─── 13:23 Mon, 02 Nov 2015
Johannesburg - The SA Institute of Race Relations has warned that South Africa is likely to enter a long-term period of low economic growth.
The Institute recently released a report featuring long-term trends for major economic indicators together with forecasts of GDP growth, per capita GDP, inflation, interest rates, the Rand, and household disposable income levels up to 2019.
Spokesperson, Mienke Steytler, says some of the key findings were that GDP growth levels were likely to average below two percent up until 2019 and that the Rand will weaken further.
Steytler says the Institute of Race Relations is suggesting that government look at the broader policy field.
Algoa FM
Mienke Steytler:
