The latest Real Economy Bulletin (REB), published by economic research institution Trade and Industrial Policy Strategies (TIPS) on December 8, points to an upswing in South Africa’s economy and its trade and investment performance, with gross domestic product (GDP) exceeding pre-Covid-19 levels for the first time.
This outcome points to considerable resilience, especially around private-sector adaptations to the extraordinarily high levels of loadshedding over the past quarter.
