Back on track

Over the past year, confidence in South Africa has been improving, with mounting evidence that the country has good growth potential and greater stability than similar emerging market economies. The South African economy is currently in the 44th quarter of consecutive economic growth, the longest period of growth since the 1960s. Has South Africa's time in the sun finally arrived, or are potential problems looming on the horizon? The 1960's environment in South Africa was a period of concurrent strong economic growth (averaging around 5.5% pa) and low inflation (averaging 2.5% pa). This p...