NEW: Zuma expects 3% economic growth over next three years

South African economic growth “is expected to increase steadily to at least 3% over the next three years‚ because we expect the electricity constraint‚ which is our major obstacle‚ to ease”‚ President Jacob Zuma said on Tuesday.















The president was briefing the media on progress made since the adoption the Medium Term Strategic Framework‚ based on the National Development Plan‚ as outlined in his State of the Nation Address in February.

“Our estimate is that electricity shortages are currently costing the economy close to one percentage point in economic growth.

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