
Global slowdown, Eskom and weak business morale weighs on GDP
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The SARB (South African Reserve Bank) had its second monetary policy meeting for the year today and as expected, it has decided to hold the repo rate at 6.75%. But global slowdown concerns, trouble at Eskom and arising weakness in business confidence continue to linger and this has seen the governor cut 2019's growth outlook to 1.3%.
Peter Attard Montalto spoke to Business Day TV for some international analysis on this decision.
Peter Attard Montalto spoke to Business Day TV for some international analysis on this decision.





