CAPE TOWN May 8 (Reuters) – Rising global oil prices and
slower growth in key trading partners China and India pose a
risk to South Africa’s economic growth, Deputy Finance Minister
Nhlanhla Nene said in parliament on Tuesday.
The domestic economy is struggling to recover from a
recession in 2009, with the Treasury seeing growth of 2.7
percent in 2012 from 3.1 percent last year.
(Reporting by Wendell Roelf; Writing by Stella Mapenzauswa,
editing by Ed Stoddard)
© Thomson Reuters 2012 All rights reserved
