South Africa’s GDP growth remains tepid amidst structural challenges

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SOUTH Africa’s economic growth for the second quarter of 2024 was a mere 0.4% quarter-on-quarter, reflecting a continued struggle to gain momentum.

Over the last 12 months, the economy has grown by only 0.3%, a figure so low that it borders on recessionary levels.

This sluggish performance underscores the ongoing economic challenges that the country faces. – moneyweb.co.za

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