South Africa’s Commodity Boom Set to Spill Into Wider Economy
South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices improve the fiscal outlook and support lower interest rates,...
By Khuleko Siwele · Bloomberg Markets
South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices improve the fiscal outlook and support lower interest rates, according to Old Mutual Investment Group.