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Recession warning for South Africa | SA News

Malcolm Libera
 ·20 Apr 2026

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The International Monetary Fund (IMF) has warned that the global economy faces recession if the conflict in the Middle East continues—with energy-importing countries like South Africa at even greater risk. 

In a report published last week, IMF economists warned that a longer or broader conflict could significantly weaken growth and destabilise financial markets.

In the worst-case scenario, in which supply disruptions persist into next year, the IMF predicts global…

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