SA Finance Minister Nhlanhla Nene
Briefs
Nene: South Africa’s economy will grow slowly in Q2
"At this point, signals are that growth in the second quarter to be slow but positive," Nene said in a written response to a parliamentary questions emailed to Reuters on Wednesday.
Nene said many of the brakes on growth, including protracted labour strikes and electricity constraints, were of a supply-side nature and therefore fiscal measures would not be sufficient to boost economic growth.