Economists predict economy will shrink as SA's GDP figures contract - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Economists predict economy will shrink as SA’s GDP figures contract The country’s economy is expected to contract yet again in the third quarter of 2019.

Statistics South Africa will this week release the country's third quarter GDP numbers

Economists say recently-released economic data indicates all major sectors under performed in the third quarter of 2019. “The monthly numbers suggest that we have lost momentum again in the third quarter and that momentum was fairly very broad based and it wasn’t isolated to one or two sectors really a sort of general pattern we have seen in almost all the sectors you can think of and so overall our forecast is for GDP growth is 0.5% on a quarter on quarter annualised basis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wait and see what happens in March 2020 when Moody’s take this corrupt ANC and rip the economy right out from under their incompetent greedy paws.

😩

I need money please

😣😭😭😭

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chief Albert Luthuli Memorial lecture: Samia Nkrumah calls for Africa to unite - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Chairperson of Ghana's Convention People's Party and daughter of that country's first president, Kwame Nkrumah, says the biggest challenge Africa is facing is its people rising against each other. Sorry, Get united for what if I may ask? youth must be given a platform and media coverage to talk about what can be done to make Africa habitable. These memorial lecturers are are just a waste of time and money. Give youth a chance Why aren't these lectures calling out African drug dealers and human traffickers to stop the shit they're doing so there can be unity?
Source: SABC News Online - 🏆 32. / 51 Read more »

Motsoaledi clarifies Senkubuge's SA citizenship - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Home Affairs Minister Aaron Motsoaledi has confirmed that Tshwane's former Member of Mayoral Committee for Transport and Roads Sheila Senkubuge has been living in South Africa for the past 35-years. A person who was not born in SA should not be allowed to be president. PresidencyZA ParliamentofRSA you need to look in this rule. It is crucial. HermanMashaba MmusiMaimane Julius_S_Malema She was my girlfriend You opened your equipment at the wrong time madam
Source: SABC News Online - 🏆 32. / 51 Read more »

Watford sacks manager Flores - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Watford have sacked manager Quique Sanchez Flores following a poor run of results in which the club won only one of their 10 league matches with the Spaniard in charge, the Premier League club said on Sunday. Silva next tomorrow if Everton can lose today
Source: SABC News Online - 🏆 32. / 51 Read more »

ANC stalwart Rhoda Joemat dies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.African National Congress (ANC) stalwart in the Western Cape and former Member of Parliament Rhoda Joemat has passed away at the age of 71.
Source: SABC News Online - 🏆 32. / 51 Read more »

Eskom warns of possible loadshedding - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom has warned that the probability of loadshedding remains high on Sunday due to unplanned breakdowns. They want money we know them when they don’t have money to pay stuff. They threatening, not warning Usuqela kakubi kodwa eskom inene usiphilisa kabuhlungu .eskom is making our lives hard but we pay for electricity.
Source: SABC News Online - 🏆 32. / 51 Read more »