South Africa is facing a challenging economic outlook amidst global headwinds, rising US tariffs, and strained SA-US relations. Citadel's Chief Economist, Maarten Ackerman, has raised concerns about slipping investor confidence and the pressure on growth prospects. The recent first-quarter GDP data revealed a minimal growth of 0.1%, indicating a stagnant economy that is struggling to keep up with population growth. This disparity is leading to high unemployment rates and social issues within the country. Ackerman emphasizes the importance of implementing structural reforms to stimulate growth and address the structural issues plaguing various sectors. He mentions ongoing efforts such as the reforms at ESCOM and the need to enhance the efficiency of ports, logistics, and railways to boost industry performance and job creation. However, global events, including US tariffs and investor uncertainty, are adding to the economic uncertainty, further undermining business and consumer confidence. The recent GDP report showed a decline in gross fixed capital formation, reflecting the hesitancy of companies to invest amidst the prevailing uncertainty. Ackerman acknowledges the need to focus on policy implementation and structural reforms to attract investments and revitalize the economy. Although challenges persist, including the volatile US-South Africa relations, there is optimism surrounding the ongoing discussions and potential benefits that could arise. Ackerman urges investors to remain cautious but to look for quality assets amid market volatility, as the world economy will eventually adjust and stabilize in the coming years. Despite the current challenges, he remains hopeful that with strategic planning and proactive measures, South Africa can navigate through these difficult times and emerge stronger on the other side.