Latest in Tag: South African Highlight

Latest in Tag: South African


South African economy shrinks, slips into recession

Africa’s third-biggest economy contracted in the first quarter of this year, entering recession for the first time in eight years amid weak manufacturing output and slumping trade.Official data released by South Africa’s statistics agency, Stats SA, on Tuesday showed Africa’s largest economy contracting by 0.7 percent between January and March this year, following a 0.3 …

Deutsche Welle

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