SA growth the calm before the storm - expert

Johannesburg - Although SA's fourth quarter gross domestic product (GDP) was better than expected year-on-year (1.3%) and quarter-on-quarter (4.1%) and mining and manufacturing continued to recover after the 2014 strikes, this might just be the calm before the storm, according to emerging markets economist Peter Attard Montalto of Nomura.

READ: Surprise growth spurt in SA economy

He expects the impact of load shedding to come through much stronger in the next data, especially as it has frequently been during working hours for several days at a time compared to the fourth quarter pattern of load shedding in the evenings.