Jeff Schultz, Senior Economist at BNP Paribas in South Africa, has authored a new research note, entitled South Africa Outlook 2021: Likely headwinds to recovery (Deep dive).
They have long held the view that South Africa’s recovery in 2021 would disappoint most expectations. Fundamental to their thinking is that many of the structural weaknesses that pushed the economy into recession before the pandemic – in particular, lack of stable electricity supply – will scupper the pace of recovery.
Guest: Jeff Schultz - Senior Economist at BNP in South Africa