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South Africa: Business Urged to Invest in Economy
SAnews.gov.za, 26 July 2016
Finance Minister Pravin Gordhan has encouraged business leaders to invest in South Africa's economy. Read more »
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South Africa: Nation Can Expect No Growth, Problems Largely Homemade
The Conversation Africa, 25 July 2016
South Africa's Reserve Bank Governor Lesetja Kganyago has forecast zero percent growth for 2016, 1.5% in 2017 and 1.7% in 2018. This spells disaster for the country, particularly… Read more »
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South Africa: GDP Contracts in First Quarter of 2016
SAnews.gov.za, 8 June 2016
South Africa's Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday. Read more »
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South Africa: SA Economy Will Weather the Storm
SAnews.gov.za, 8 June 2016
In the past few months, South Africans in their numbers have begun to follow the discussions about our economy. The visits of international rating agencies and their decisions have… Read more »
South African Economy 'Will Struggle' in 2016 - Economists
The key contributors to the negative gross domestic product growth rate were the mining and quarrying industry, as well as the transport, storage and communication industry.
Emalahleni Water Reclamation Plant, partly funded by Anglo American (file photo).
InFocus
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In the lead-up to S&P Global Ratings' announcement, there had been widespread fears of a downgrade which would have reduced the country's ratings to junk status. Read more »
