South Africa Country Risk Views

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Agreement Signed, But Framework Hollow

BMI View: The Addis Ababa 'Framework Agreement' signed on February 24 is more a statement of principles than a detailed peace plan, and we doubt it will meaningfully improve the security situation in...

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Stagflation Scenario To Continue

BMI View: We hold to our view that the South African Reserve Bank will keep the repo rate on hold at 5.00% over the whole of 2013. Although South Africa faces a weak growth outlook and risks are to...

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Tepid Growth Ahead

BMI View: We forecast tepid economic growth for South Africa over the medium term, forecasting that real GDP will expand by 2.8% in 2013 and 3.3% in 2014. Although private consumption should remain...

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