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1m 'new consumers' will save SA

The economy is brisker than it is given credit for

8 August 2008 · Staff Writer

1m 'new consumers' will save SA

By Evan Pickworth
From Fin24

 
Brait chief economist Colen Garrow told I-Net Bridge on Thursday that a slowdown rather than a recession was taking place in SA's economy, with investment spending pulling the economy along "at a much brisker pace than it is given credit for".

Justmoney.co.za says:

The economy is growing, even if our natural pessimism won't let us see it. So before all these new consumers alter the rate at which you can borrow money, change your credit card, open a savings account, get a home loan, and don't forget your life insurance.
 

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