Cape Town - The general economy could be at a stage where South Africa is slowly clawing its way back to better growth, Izak Odendaal,
investment strategist at Old Mutual Multi-Managers, told Fin24 on Monday.
Although data about the general economy in South Africa does not point to strong growth, it does point to things getting better, he said. On the whole, it appears the local economy is bottoming out and that is good news for companies with exposure to the local economy.
This is despite available economic data for the third quarter still making it difficult to draw hard and fast conclusions, he added.