South Africa’s 2nd quarter economic growth ticks up by 0.8%! The South African economy has surpassed growth expectations for the second quarter of the year, ticking up by 0.8%.
This follows a lackluster increase of 0.1% in the previous quarter.
Economic growth
Statistics SA released the latest Gross Domestic Product (GDP) print on Tuesday, amid concerns that the country’s economy continues to struggle to hit the right notes.
Statistician-General Risenga Malueka said that mining, manufacturing, and trade gave the economy its biggest boost in the period under review, while construction is among the underperformers.
In other news – WATCH: 19-year-old Naledi Aphiwe celebrates renovating her home
Rising South African singer Naledi Aphiwe has proudly revealed that she is renovating her home, a milestone achievement that has inspired many of her fans.
The 19-year-old shared a video on social media, giving followers a glimpse of the ongoing renovations. Her post quickly attracted an outpouring of congratulatory messages from fans and fellow celebrities who praised her determination and success at such a young age. Read More
