Local economy looking good

WHILE DANGERS may lurk, there is no immediate danger of the current upswing in the SA economy coming to an abrupt halt. That’s according to data contained in the just-released SA Reserve Bank (SARB) quarterly bulletin which reflects a healthy economy in which growth is broad-based across all sectors. Relatively low inflation and interest rates, quite generous wage settlements and growth-enhancing fiscal policy set the scene for a growth friendly environment.