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Economic growth expectations remain dire, despite upwardly revised projection news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
Manufacturing production slowed to well below market expectations, to 1% year on year in October from 2.9% in September. On a monthly basis, the sector was down 6.3% as load shedding and reduced demand weighed on the sector. ....
South Africa's economy contracted in the second quarter of this year. Data released by Statistics South Africa (Stats SA) shows the Gross domestic product (GDP) decreased by 0.7% quarter on quarter - compared with the revised growth of 1.7% in the first quarter. ....