Johannesburg - Fitch has cut its 2015 and 2016 economic growth forecasts for South Africa due to ongoing energy supply constraints, an official at the ratings agency said on Thursday.
Fitch now forecasts the country‘s economy to grow 2.1% this year and 2.3% next year, before ticking up to 3.1% in 2017 if electricity shortages ease, Fitch managing director Ed Parker told a conference in Johannesburg.