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South Africa facing recession and downgrades if load shedding continues: Investec.

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South Africa’s economic growth faces increased risk in the coming months as prolonged load shedding is set to continue, says Investec chief economist Annabel Bishop.

The outcome for GDP in 2022 will now depend on how long the country experiences severe outages, she said in a research note on Friday (1 July).
4 Jul 2022 4AM English South Africa Business News · Investing

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