NEWS FROM SOUTH AFRICA
The International Monetary Fund (IMF) said on Wednesday that SA’s subdued economic growth of just 0.7% for 2017 was not likely to improve much next year. A delegation from the IMF was in South Africa from October 30 to November 8 to discuss recent economic developments. In an ‘end-of-mission’ statement the delegation’s head Ana Lucía Coronel said the IMF thought it unlikely that economic growth would pick up next year. “Despite South Africa’s institutional strength and favorable global conditions, increasing domestic political uncertainty and [...]