No growth forecast for SA economy: Fitch
Fitch forecasts zero real GDP growth for South Africa this year, due to severe power shortages in
‘GDP contraction far bigger than previously anticipated’
Analysts say while a technical recession was expected the contraction is far bigger than previously
Concerns over possible recession
There are concerns that South Africa’s economy could enter into another recession.
Ramaphosa to appoint two more councils
President Cyril Ramaphosa has announced that he will be appointing an investment and a state-owned
SA exits recession
Statistics South Africa released the economic growth rate or GDP for the third quarter, which came