President Ramaphosa used his State of the Nation Address (SONA) to recommit to fiscal discipline and investment-led growth, but the government will struggle to balance the two objectives. And we doubt the government will meet its ambitious 3%+ per annum growth target. Meanwhile, hi punchy response to the US’s recent threats does suggests the risk of South Africa aligning closer with China is growing.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services