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IMF points to muted growth for South Africa

Despite recent vaccine approvals, lifting hopes of a turnaround in the pandemic later in 2021, renewed waves and new variants of the Covid-19 virus pose concerns for the outlook global economic outlook, according to the International Monetary Fund (IMF). Source: BusinessTech

South Africa’s top-selling SUVs

South Africa’s car market in 2020 was severely hampered by economic recession, and a year that saw the Covid-19 pandemic thwart the envisaged momentum from a 300-basis point interest rate cut during the year. Source: BusinessTech