S. Africa's GDP up 1.6 pct in Q3-Xinhua
S. Africa's GDP up 1.6 pct in Q3-
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Johannesburg - Economists have warned the ANC to proceed with caution as the uncertainty over whether President Cyril Ramaphosa will continue leading the country until the 2024 elections could devalue the rand. Late yesterday, senior ANC leaders asked for an urgent meeting with the embattled president on Saturday over the damning Phala Phala report. The decision was…
An economist says political turbulence in the country will continue to hurt the rand.
Eunomix CEO and chief economist Claude de Baissac said South Africa is collapsing and lacks economic growth.