2014 could be year SA catches up to African growth
Channel: Engineering News
Date: 2014-01-16

There was good reason to expect that South Africa could, in 2014, catch up with the rest of the African continent in terms of growth, Standard Bank joint CE Sim Tshabalala said on Wednesday.

Speaking at Frontier Advisory's Africa Frontiers Forum, in Sandton, Tshabalala stated that, according to the International Monetary Fund (IMF) Africa's growth would accelerate during the course of the year to about 6%, adding that similar predictions indicated that South Africa would, during 2014, possibly regain a growth level of 3%.