Intellidex’s head of capital markets Peter Attard Montalto joins 702‘s The Money Show to weigh in on the outlook for South Africa’s economy in 2023 from a global and local perspective.

“The impact on the economy is certainly a lot less than we thought it was or would have been a year ago. The challenge this year we’re forecasting up to stage 7 loadshedding in July on average, peak might be higher with Stage 6 in February. But the economic impact is less than we would have said a year ago because there’s been so much adaptation, there has probably been 1.2GW of rooftop solar, unregistered rooftop solar we saw in South Africa in the last year.

Listen to the full clip below.