Nedbank CEO has good news for South Africa

• Nedbank CEO Jason Quinn believes South Africa's economy continues to show encouraging signs despite recent volatility.
• The South African economy has been affected by inflationary pressures and a more hawkish monetary policy stance, but has seen some positive signs such as real GDP growth and credit growth.
• The Reserve Bank has hiked interest rates, and while the nation's economic outlook remains encouraging, growth is expected to be constrained by weak business confidence and global energy price risks.