South Africa's GDP declines by 3.2 % in the first quarter
Shocking economic data coming out from Stats SA.
The latest quarterly GDP data indicates that South Africa’s GDP declined by 3.2% in the first quarter – a much bigger drop than estimations of around a 1.6% decline.
Let’s delve more into this with Isaah Mhlanga, Executive Chief Economist at Alexander Forbes speaking on a macro-economic perspective and Vusi Thembekwayo to give a micro-economics perspective as an entrepreneur and self-made millionaire.
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