Outlook for S.Africa economy more positive: Gordhan

Mon Apr 16, 2012 7:03am GMT

JOHANNESBURG (Reuters) - The outlook for South Africa's economy was looking slightly better, Finance Minister Pravin Gordhan said on Monday.

"But like many other parts of the world, (the economy) is still subject to the vagaries of the global economy," Gordhan told journalists at a breakfast briefing in Johannesburg.

South Africa's Minister of Finance Pravin Gordhan delivers the 2010 budget speech at parliament in Cape Town, February 17, 2010.  REUTERS/Nic Bothma/Pool
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