JOHANNESBURG, April 13 (Reuters) - Nedbank's Dennis Dykes
was named Reuters South Africa Economist of the Year on Friday
for most accurately predicting key domestic economic indicators
for 2011.
Analysts were ranked according to their accuracy in
forecasting economic outcomes for the Reuters Econometer and the
frequency of their participation.
The econometer is a monthly confidence barometer derived
from six major indicators including GDP, inflation, the foreign
exchange rate and the 10-year government bond.
Around 22 economists from banks, fund managers, think-tanks
and other corporations took part in the competition, now in its
12th year.
Colen Garrow of Brait was named best forecaster of GDP
growth while Johan Rossouw of Vunani Securities was best
forecaster of inflation.
Absa Capital and Nedbank both estimated best the repo rate
with equal accuracy.
The top 10 ranking of economists follows:
1 Nedbank Dennis Dykes
2 Eskom Kabelo Masike
3 KADD Capital Elize Kruger
4 IDC Nico Kelder
5 Brait Colen Garrow
6 Vunani Securities Johan Rossouw
7 Nomura Peter Attard Montalto
8 Renaissance Capital Elna Moolman
9 Morgan Stanley Andrea Masia
10 Absa Capital Jeffrey Schultz
(Reporting by Vuyani Ndaba)
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