The International Monetary Fund expects South Africa’s economy to show almost no growth this year. It projects a total growth of 0.1% for 2023, highlighting what it calls mounting economic and social challenges.
A delegation from the international lender wrapped up a consultation in the country citing a significant increase in the intensity of power outages, and weaker commodity prices.
The IMF does not expect public debt to stabilise and recommends stronger fiscal measures by government.
Source: eNCA
In other news – Drew Barrymore Talks Complicated Relationship with Her Mom
Drew Barrymore is offering complicated insight into her relationship with her mother, Jaid Barrymore. In a new Vulture profile published Monday, Barrymore, 48, said she will “never not care” about her mother, decades after she won emancipation from Jaid and her father John Drew Barrymore at 14 years old.
All their moms are gone, and my mom’s not,” Barrymore told the outlet, in reference to her neighbors in New York City. “And I’m like, Well, I don’t have that luxury. But I cannot wait. I don’t want to live in a state where I wish someone to be gone sooner than they’re meant to be so I can grow. Learn more
