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World Bank cuts South Africa's 2017 growth forecast
September 19, 2017 / 9:16 AM / 3 months ago

World Bank cuts South Africa's 2017 growth forecast

JOHANNESBURG, Sept 19 (Reuters) - The World Bank on Tuesday cut South Africa’s 2017 economic growth forecast to 0.6 percent from an earlier estimate of 1.1 percent.

In a report on the local economy, the bank sees 2018 growth ticking up to 1.1 percent and reaching 1.7 percent in 2019.

Reporting by Mfuneko Toyana; Writing by Olivia Kumwenda-Mtambo; Editing by Tiisetso Motsoeneng

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