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:
Economy Slips Into Recession
Govt of SA, 6 June 2017
The South African economy moved into recession with the reported decrease of 0,7% in GDP during the first quarter of 2017, following a 0,3% contraction in the fourth quarter of… Read more »
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South Africa:
Government Welcomes Credit Rating
SAnews.gov.za, 4 June 2017
The South African government has welcomed Standard and Poor's decision of maintaining South Africa's long-term local currency debt ratings of 'BBB-', an investment grade rating. Read more »
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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 »
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