recession

Save SA blames GDP shock on ‘recession president’ Zuma

Save South Africa has blamed the country’s entry into a second recession in eight years on the “recession president” Jacob Zuma. “The Save South Africa campaign is concerned, but not surprised, at the figures released by Stats SA (Statistics South Africa) yesterday, which confirm that South Africa is officially in[…]

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SA already in a recession – economist

Dark clouds are gathering for South Africa with fears the ailing economy – which shrunk by 1.2% in 2016’s first three months – could fall into recession after hitting a slump in the first quarter of 2016. Although a technical recession is described as two successive quarters of economic decline,[…]

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