Global Economic Prospects: Darkening Skies, January 2019

According to the World Bank's 2019 Global Economic Prospects: Darkening Skies report "Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity."

"Growth in South Africa is projected to recover more slowly than previously expected, to 1.3 percent in 2019, before rising to 1.7 percent in 2020-21."-- page 110.