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Maroc Maroc - Daily Maverick - A La Une - 17/Sep 14:20

CAUTIOUS OPTIMISM: SA consumer confidence rises to 5-year high fuelled by two-pot shot, rate cut hopes

Mounting hopes for a domestic interest rate cut and the household liquidity boost from the two-pot pension fund reforms lifted South African consumer confidence in the third quarter (Q3) to a five-year high. This was driven by the high and middle-income households that stand to benefit the most from these trends.

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