The winds of change are still blowing in SA, says Old Mutual Investment Group
13 September 2018
While the latest surprise GDP data sent South Africans into a tailspin as it became clear that the country is officially in a recession, the worst appears to be behind us. This is according to Old Mutual Investment Group Head of Economic Research, Johann Els, who points out that, while we are unlikely to see any significant policy improvement until after the 2019 elections, the country is heading in the right direction and he believes the rate of change will gradually gain momentum.