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SA's GDP growth welcomed with cautious optimism - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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SA's GDP growth welcomed with cautious optimism via SABCNewsOnline

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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