Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/news/2012-04-01/south-africa-optimistic-growth-to-be-higher-than-forecast

Bloomberg News

South Africa ‘Optimistic’ Growth to be Higher Than Forecast

April 01, 2012

South Africa’s economy may grow faster than the 2.7 percent government’s estimate this year, Finance Minister Pravin Gordhan said.

“We are cautiously optimistic that our recovery will continue, our growth will be slightly higher,” Gordhan told reporters in Pretoria, the capital, today. He declined to provide a specific forecast.

South Africa has a “carefully managed” fiscal trajectory, Gordhan said, responding to Standard & Poor’s move cutting the credit rating outlook for the nation to negative.

To contact the editor responsible for this story: Andres R. Martinez at amartinez28@bloomberg.net


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus