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Analysis

South Africa: Will the Cup Runneth Over?

EXECUTIVE SUMMARY

The World Cup, which is being held on the African continent for the first time, comes with the South African economy, like much of the world, having exited recession and navigating towards stronger growth. Following on from a recent piece on credit conditions in South Africa, in this analysis we look at the implications of the World Cup for South Africa and present our most recent forecast of the country’s economic trajectory, including how it has been affected by the recent bouts of global risk aversion.

RGE believes that short-term gains from the World Cup have[...]

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