IMF lowers South Africa's 2026 growth forecast to 1%
The IMF now expects inflation to average 4.4% this year, up from the 3.9% it forecast in April, and unemployment to average 33.2%, against 32.5% in April.
South Africa's news, from the source
The rest of Africa and the world, written for South African readers. Decisions in Washington and Beijing, and the price of oil, reach the rand and the petrol price here.
The IMF now expects inflation to average 4.4% this year, up from the 3.9% it forecast in April, and unemployment to average 33.2%, against 32.5% in April.