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WATCH: BER cuts SA’s 2025 growth outlook

Business Day TV spoke to Shannon Bold, economist at BER

South Africa needs to start putting pressure on the government to deliver services to consumers and the private sector because until the economy grows, everyone will be under pressure, says Momentum CEO Jeanette Marais. Picture: 123RF
South Africa needs to start putting pressure on the government to deliver services to consumers and the private sector because until the economy grows, everyone will be under pressure, says Momentum CEO Jeanette Marais. Picture: 123RF

The Bureau for Economic Research (BER) has lowered its real GDP growth forecast for SA to about 1.5% for 2025, down from 2%.

This revision is due to slower progress on domestic structural reforms, stalling consumer momentum and increased global uncertainty concerning potential US trade policies under a Donald Trump presidency.

Business Day TV spoke to BER economist Shannon Bold for more insight.

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