Standard Bank’s Chief Economist Goolam Ballim with an update on the impact of COVID19 on the South African economy and political landscape

“The second half of 2020 will be more favourable. The currency could conceivably appreciate to near R16 to the US dollar by year-end. Inflation will remain benign. It is further conceivable that the Repo Rate could fall from a prevailing 5,25 percent to even 4 percent.” – Standard Bank Chief Economist, Goolam Ballim discusses the impact of COVID19 on the South African economy.