South Africa’s economy is improving but is vulnerable to problems in the Eurozone, says Finance Minister Pravin Gordhan.
“Economic growth is reasonably stable,” Gordhan said at the Foreign Correspondents Association breakfast meeting in Johannesburg on Monday.
“Like many other parts of the world, the economy is still subject to the vagaries of the global economy, in particular the European situation. From our point of view, we look forward to a far more clear set of actions coming from European countries that will give markets the certainty they require.”