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SA saw a dramatic decline in fixed investment activity in 2023.

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GUEST – Johannes Khosa – NEDBANK Economist

Nedbank’s listing shows a dramatic decline in fixed investment activity in 2023 as persistent power outages, rising interest rates and cost pressures weighed on profitability and eroded business confidence.

The value of new projects announced during the year fell to R184.8 billion from R259.9 billion in 2022.

13 Feb 2024 1PM English South Africa Business News · Investing

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