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BREAKING NEWS: SA GDP contracts 1.5% in third quarter

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South Africa Headlines News

Trade and manufacturing sectors were the biggest contributors to the overall decline that was worse than economists had expected

The hit to SA’s GDP during the third quarter of 2021 was worse than expected as civil unrest and tougher lockdown restrictions during the pandemic’s third wave hammered the nascent economic recovery.

Output contracted by a seasonally adjusted 1.5% quarter on quarter, according to data released from Stats SA on Tuesday, down from a revised 1.1% expansion in the second quarter. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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I'm a hard worker!! It's not easy bringing down the GDP!! Increasing poverty and damaging RSA to be a pliable country to foreign powers!! An Excellent Exceptional job I'm doing!!

South African economy only grows in apartheid.

Next put this picture to the article. Lead us Matamela

Ramaphosa is ruining our country

If it was during Zuma's term nge kukho istombe sakhe manje

Lead us matamela

Our Government is obsessed with Vaccines.

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