The current seismic shifts in South African politics and its effect on our economy means 2018 could be the “country’s year of reckoning”.
For investors market volatility has been the new norm, but it is in times like this when it’s important to look through the noise and stick to your financial plan in order to reach your long-term objectives. This year could be South Africa's year to join the global growth party as policy, hopefully, becomes clearer going forward.
Should politics continue to improve, and we return to fiscal consolidation, the knock-on effects could lead to better growth for 2018.
We sat down with economist Tiniyiko Ngwenya, from Old Mutual Investment Group MacroSolutions, who tells us why she believes this is a year of reckoning for the SA economy and what investors should be aware of in the face of #Zexit, Moody’s ratings and the budget speech.