Business and Finance
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Business and Finance
Source : (remove) : dailyinvestor
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Inflation, interest rates, and NHI - Dawie Roodt's outlook for 2025

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/ ]