1.6%

Finweek English Edition - - IN BRIEF -

The rate at which HSBC ex­pects the South African econ­omy to grow in 2015, down from an ear­lier fore­cast of 2%, due to elec­tric­ity sup­ply dis­rup­tions. It cut its fore­cast for 2016 to 1.9%, from 2.2% pre­vi­ously. The Re­serve Bank is fore­cast­ing GDP growth rates of 2.2% this year and 2.4% in 2016.

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