Looming Trump presidency and growth concerns add South Africa’s Policy Uncertainty

South Africa's Policy Uncertainty Index surged to 65.7 in Q4, reflecting fears about sluggish economic recovery and global trade shifts under US President-elect Trump. Economic growth remains below targets, with GDP up only 0.4% in 2023's first nine months. Experts urge decisive domestic reforms, including energy and water sector overhauls, to counter rising global and local uncertainties. The rand's decline highlights vulnerabilities as global risks weigh on South Africa's prospects.

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By Ntando Thukwana  

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