Inflation, interest rates, and NHI - Dawie Roodt's outlook for 2025

Business and Finance
Source: (remove) : dailyinvestor
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Sun, January 12, 2025

[ Sun, Jan 12th ] - dailyinvestor

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^{Published in Business and Finance on Sunday, January 12th 2025 at 9:20 GMT by dailyinvestor}

Renowned economist Dawie Roodt shared his economic outlook for 2025 - including interest rate cuts, inflation, the NHI and where investors should be putting their money. Daily Investor asked Roodt to share his thoughts on how South Africa's economy will fare in the coming year.

Dawie Roodt, an economist from the Efficient Group, has provided insights into South Africa's economic challenges for 2025. He predicts that inflation will remain high, hovering around 5% to 6%, due to factors like load shedding, logistical issues, and inefficiencies in state-owned enterprises. Roodt also anticipates that interest rates will stay elevated, with no immediate relief in sight, as the South African Reserve Bank aims to control inflation. He expresses skepticism about the National Health Insurance (NHI) Bill, suggesting it could lead to increased taxes and might not be financially sustainable, potentially exacerbating economic pressures. Roodt's outlook underscores a cautious approach to economic recovery, highlighting the need for structural reforms to address these persistent issues.

Read the Full dailyinvestor Article at:
[ https://dailyinvestor.com/finance/73377/inflation-interest-rates-and-nhi-dawie-roodts-outlook-for-2025/ ]

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