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Plunge in mining, manufacturing productivity set to stall SA economy

South Africa could see an economic contraction in the second quarter of this year, weighed by the industrial sector which plunged 9% in April.

South africaEastern capeAnnabel bishopIsaac matshekgo

Sarb s repo rate hike move was strong but necessary action

SA Reserve Bank Governor Lesetja Kganyago announced the increase, taking the repo rate to 4.75% and the prime rate to 8.25%.

South africaSouth africanSouth africansAndew goldingMokgatla madishaSamuel seeffRay whiteIsaac matshekgoDawie roodtLesetja kganyagoPam golding propertiesAfrican reserve bankAfrican resere bankSa reserve bank governor lesetja kganyagoSeeff property groupBank governor lesetja kganyago

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