PwC expects South Africa’s economy to grow by about 1.2% this year, but warns higher fuel prices, elevated interest rates and global uncertainty will further squeeze already stretched household budgets.

South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says…

This article explores the factors contributing to the deterioration of household finances and the expected trends for the upcoming quarters.

PwC expects South Africa’s economy to grow by about 1.2% this year, but warns higher fuel prices, elevated interest rates and global uncertainty will further squeeze already…