News24.com | Nedbank cuts its forecast for SA growth, while it's still benefiting from higher interest rates

News24.com | Nedbank cuts its forecast for SA growth, while it's still benefiting from higher interest rates

News24

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Nedbank has cut its guidance for SA's GDP growth in 2023 in half, to 0.1%. The banking group also expects a 25 basis point interest rate hike in July.

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