CAPE TOWN – Volatility in capital flows and the foreign exchange rate were adding to South Africa’s economic challenges and any progress to reverse a slowing economy will only be felt in the medium to long term, Finance Minister Nhlanhla Nene said on Wednesday.[pro_ad_display_adzone id=”70560″]
“There is indeed no doubt that South Africa faces significant constraints to faster economic growth,” he told parliament in response to questions. (Reuters)