Tag: PSG Wealth
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There is one thing the South African economy has good to do
Although the level of South Africa’s national debt has risen, it is still outperforming many developed countries, said Adriaan Pask, chief investment officer at PSG Wealth. South Africa currently has a debt-to-GDP ratio of 67.4%, which is expected to rise to more than 71% in the next three years. The cost of paying off debt…