South Africa's economy seen weighed down by policy uncertainty: IMF

By Stella Mapenzauswa JOHANNESBURG (Reuters) - South Africa's economy is now expected to grow by 0.6 percent in 2016, down slightly from the 0.7 percent seen in January, as weaker exports and policy uncertainty take their toll, the International Monetary Fund said on Tuesday. In its April world economic outlook, the IMF reiterated its GDP growth projection for Africa's powerhouse Nigeria to 2.3 percent this year, down 1.8 percentage points from the previous estimate in January. The IMF said outp