Archive | September, 2015

Anxiety in South Africa as economy slips into technical recession

Anxiety in South Africa as economy slips into technical recession

South African consumers and households are bracing themselves to face hard times as the country’s economy is said to be slipping into a technical recession in the near future. Official figures released recently show that the Gross Domestic Product (GDP) in Africa’s second’s largest economy unexpectedly declined by 1.3% quarter-on-quarter (q/q) in the second quarter […]

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