The South African Government is embracing the latest findings from the World Bank, which indicate a promising economic outlook for the nation, reports Cape town Etc .
According to the assessment, South Africas economy is expected to grow by 1.3 in 2025, buoyed by a more dependable electricity supply, a bountiful agricultural harvest, and a notable uptick in business confidence as the year progresses.
The World Banks forecast doesn't stop there it anticipates that growth will further rise to 1.4 in 2026 and reach 1.5 in 2027.
This uptrend reflects the positive effects of ongoing reform efforts, particularly in the crucial energy and logistics sectors, as well as a notable increase in public investment.
