Nedbank pegs SA's 2020 growth at 1%
--:--
Nedbank expects the local economy to grow modestly, with estimates for 2020 coming in at 1%. Now, while that might be higher than this year's growth estimate of 0.4%, strategists have warned that a growing budget deficit, bulging debt burden and SOEs that continue to drain resources are significant risks to even that muted recovery in economic growth. Nedbank CIB's Avinash Kalkapersad of Nedbank CIB talks to Business Day TV about that outlook.