# South Africa’s economy remains on a recovery path, but growth is expected to stay modest at around 1.2-percent this year. According to PwC South Africa, the country has recorded six straight quarters of growth, but business confidence and investment are weakening. Rising fuel prices, a weaker rand and global uncertainty are driving inflation and keeping interest rates higher for longer. The mining sector’s prospects remain positive, while experts say stronger investment and policy certainty are needed to sustain long-term economic growth.
SA economy still growing, but faces rising global pressures