The debate generated by the release of the latest GDP numbers, or rather the methodology used, was more than a little surprising. As it has always done, Stats SA gave out seasonally adjusted and annualised data, which showed a drop of 51%.
While it would be irrational to use this number and extrapolate for the rest of year — not least because it covered the period when the lockdown was at its most severe and large parts of the economy have since reopened — it generated a considerable amount of noise. So much so it threatened to drown out some of the more interesting observations and the search for solutions to what is potentially an existential threat to the country’s political and social order.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ewnupdates - 🏆 30. / 53 Read more »
State capture: An alleged sexual escapade, a 'tsotsi' and board suspensions at EskomThe state capture inquiry on Friday heard more evidence about the controversial suspension of Eskom executives in 2015 that led to the power utility receiving an investment rating downgrade.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Inside Boity Thulo's surprise bash for her momBoity throws a lavish affair for her mom's 50th birthday.
Source: TimesLIVE - 🏆 28. / 59 Read more »
PODCAST | The state of esports in AfricaAndrew Berkowitz talks to e-sports expert Douglas Ogeto on their growth and impact in Africa
Source: BDliveSA - 🏆 12. / 63 Read more »
Australia to quarantine in Adelaide on return from EuropeIn what looks like a dry run for the arrival of the India squad for a blockbuster tests series later this year, the Australian players will be able to train at Adelaide Oval throughout their mandatory period of collective isolation.
Source: IOL - 🏆 46. / 51 Read more »
Source: News24 - 🏆 4. / 80 Read more »