Bangladesh, March 1 -- South Africas economic outlook is showing cautious signs of improvement. According to projections from the National Treasury, the countrys real GDP growth is expected to rise gradually over the next several years, reaching 2% by 2028. While that figure may appear modest in global terms, in the South African context-where unemployment remains stubbornly high and structural constraints persist-it represents a potentially meaningful turning point.

The forecast follows a post-pandemic rebound that saw the economy expand by approximately 2.1% in 2022, largely driven by recovery from the disruptions of Covid-19. However, since that rebound, growth has remained uneven, weighed down by electricity shortages, logistical ine...