South African Economy Slips Into Recession
The economy moved into recession with the reported decrease of 0,7% in gross domestic product during the first quarter of 2017, following a 0,3% contraction in the fourth quarter of 2016.
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South Africa: EFF Blames Recession On Lack of Quality Leadership From ANC
News24Wire, 7 June 2017
The Economic Freedom Fighters (EFF) blamed the recession on the ANC's inability to provide leadership, after first-quarter gross domestic product growth figures indicated that the… Read more »
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South Africa: Private Sector to Blame for Recession - Mantashe
News24Wire, 7 June 2017
Negative growth in the private sector is to blame for the country's technical recession, ANC secretary general Gwede Mantashe has said. Read more »
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South Africa: Like Nigeria, South Africa Slips Into Recession
Premium Times, 6 June 2017
South Africa has entered recession for the first time in eight years, data from Statistics South Africa showed on Tuesday. Read more »
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South Africa: National Treasury On Economic Recession
Govt of SA, 6 June 2017
National Treasury's response to the economy entering recession Read more »
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South Africa: Country's in a Recession. Here's What That Means
The Conversation Africa, 6 June 2017
South Africa has been rocked by news that it has slipped into a recession after its gross domestic product (GDP) declined 0.7% during the first quarter of 2017 after contracting by… Read more »
Video
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What a Technical Recession Means for SA and Consumers - Ian Cruickshanks
- Publisher:
- SABC
- Publication Date:
- 6 June 2017
The South African economy has moved into a recession. This after the country's Gross Domestic Product decreased by 0.7% during the first quarter of ... see more »
InFocus
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Credit rating agency Fitch has joined Standard & Poor's in placing South Africa's credit rating at sub-investment grade. This after protesters across the country demonstrated ... Read more »
