Yesterday, Statistician general Padi Lehohla announced the Gross Domestic Product estimate for the second quarter of 2016 is sitting at 3.3 percent.
The figure represents the fastest rise in economic activity since 2014.
Economists are hopeful that the economy will grow slightly in the second half of this year in order to avoid a technical recession.
But Argon Asset Management’s Thabi Leoka says this means reaching a target of at least 5%.
"For us to grow by even 1%, which is massive compared to where we are, we need to post very strong quarterly numbers above 5%."