SA GDP contracts 0.2% as manufacturing and mining sectors weaken
The South African economy has experienced a contraction, bringing an end to a consecutive six-quarter growth streak. According to the latest data, the country’s Gross Domestic Product (GDP) shrank by 0.2% during the second quarter of the year. This economic downturn marks a significant shift for the nation, which had previously enjoyed a period of consistent, albeit modest, economic expansion
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