SA faces economic uncertainty if Britain exits EU: Economist

SA faces economic uncertainty if Britain exits EU: Economist

An economist feels that South Africa could be in for major disruptions and uncertainty if Britain votes to leave the European Union.

A possible downgrade on the cards says economist
Getty images

A referendum will be held on Britain's possible exit from the EU tomorrow. 


Dawie Roodt says while many are uncertain about what the impact of the possible exit could be, there's a good chance South Africa's economic growth will suffer.


''It might even be quite negative to the world's financial market as well. So everybody is sitting on tenterhooks waiting to see what Britain is going to decide. 


''Of course nobody really knows what is going to happen and what the impact on the economy is going to be, but it could have a huge impact on the world and the South Africa's economy,'' he said.


(File photo: Gallo Images)

Show's Stories