south africa economy

/Tag:south africa economy

Reserve Bank vows Recession is not likely

2014-08-26T18:36:22+00:00 Tags: , , , , |

South African economy is unlikely to fall into a recession, the Reserve Bank said in its Monetary Policy Review released on Tuesday that economic growth would be likely to improve in the second quarter, although it would be modest. However South African Reserve Bank governor Gill Marcus played down fears of a recession, despite concerns [...]