Glimmer of Hope as South Africa Exits Recession
Good news for South Africans is that the gross domestic product figures released by Statistician-General Risenga Maluleke, shows an increase of 2,2%. However despite the rebound, economists expect overall GDP growth for 2018 to remain weak.
According to Statistics South Africa, the country has entered a technical recession due to a fall-off in activity in the agriculture, transport, trade, government and manufacturing ... Read more »
Higher economic activity from the agriculture, finance and mining industries have raised the country's gross domestic product following two consecutive quarters of decline, ... Read more »