HSBC scoops award

HSBC’s David Faulkner was named South Africa Economist of the Year at the Thomson Reuters Africa summit in Cape Town for the most accurate forecasts of 2016 economic data.

Individual and teams of economists from South Africa and abroad were ranked according to the accuracy of their forecasts and frequency of participation in the monthly Reuters Econometer, a longterm economic survey for SA.

The survey looks two years ahead.