EPISODE · Jul 7, 2026 · 19 MIN
GDP Up, Consumers Down: SA’s Growth Disconnect Explained
from Kaya 959 · host Gugulethu Mfuphi
Ricardo Smith, CIO at Absa Investments, unpacks South Africa’s sixth straight quarter of GDP growth — and why households aren’t feeling it. We explore flat consumption, weak investment, rising fuel prices, the SARB’s rate hike, and what all of this means for income, confidence and debt exposure heading into Q2. www.kaya959.co.za · Kaya FM
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GDP Up, Consumers Down: SA’s Growth Disconnect Explained
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