First Take SA

SA's economy shows signs of recovery


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South Africa's economy has shown signs of recovery, with a 0.4% growth in GDP for the second quarter of 2024, following stagnation in the first quarter. According to Stats SA this rebound is largely attributed to the absence of load-shedding, which previously hampered production. Seven out of ten industries contributed positively, including finance, manufacturing, and trade. For more on this Elvis Presslin spoke to Redge Nkosi, Executive Director and Head of Research on Money, Banking and Macroeconomics, at Firstsource Money...

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