Economist, Raymond Parsons, has welcomed with cautious optimism theSouth Africa has avoided a technical recession following its GDP growth of 3.1%.
Parsons says despite the growth in figures, South Africa needs to work towards bettering the economy: Parsons says the recent attacks on foreign nationals and looting in Gauteng will not help contribute positively to the economic growth of the country.
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LISTEN: SA GDP expands 3.1% in second quarter | IOL Business ReportSouth Africa's economy grew by 3.1 percent in the second quarter of 2019.
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Mixed reactions from economists following second quarter GDP release - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Economists have mixed reactions to whether South Africa will evade a technical recession this quarter or not. Statistics South Africa will on Monday release the second quarter Gross Domestic Product (GDP) numbers.
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Official 2019 WEF on Africa to kick off - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The official programme of the 2019 World Economic Forum on Africa kicks off on Wednesday morning with President Cyril Ramaphosa addressing a Brand-SA breakfast meeting in Cape Town.
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‘South Africa needs to take firm stand on corruption for NHI to succeed’ - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.‘South Africa needs to take firm stand on corruption for NHI to succeed’ via SABCNewsOnline
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