South Africa: Economic recovery quickens in Q2 but risks remain

Posted in: Capital Markets, Economics, Intellidex in the media, South Africa, Sovereign risk on Sep 9, 2021

South Africa’s recovery from a pandemicinduced contraction quickened in Q2 as restrictions to contain the pandemic were eased. GDP expanded 1.2% in the three months through June from a revised 1% in the previous quarter. In response, Intellidex’s Peter Attard Montalto says that the economy shown stronger indications of recovery in the past year than initially expectedbut there is still significant uncertainty over the impact the July unrest, which will  result in lower investments. Featured on Bloomberg.

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