SA’s potential as a top emerging market buy yet to ripen
27 July 2017
In the first quarter of 2017, the average GDP growth experienced by emerging markets was around 4%, while South African GDP growth came in at a dismal -0.7% as it entered into a technical recession. For a foreign investor looking into emerging markets, South Africa isn’t looking like a very attractive prospect at this point. However, as the growth outlook continues to suffer, pockets of market value are likely to emerge.