Bank of America predicts 2% GDP growth in SA if Eskom remains stable

Ray White speaks with Siobhan Redford, economist at RMB.

Listen to the interview in the audio below.

South Africa has passed 100 days without loadshedding, something we last managed in 2021.

This is not only good for us at a local level, but it could also be great for the economy.

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The Bank of America predicts that we could see economic growth of 2% by 2026 if things continue in this way.

Redford says RMB is also forecasting positive growth, although not quite as high.

Now that much of our infrastructure has had the maintenance it needs; she says we will reap the benefits.

“There really is so much in the way of potential for the country. We can say the sky is the limit.”

- Siobhan Redford, economist at RMB

Scroll up to the audio player to listen to the interview.