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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

Dawie Roodt, chief economist at the Efficient Group, believes that there is little reason to be optimistic now that South Africa is no longer in a technical recession.

Statistics South Africa revealed on Tuesday (4 November) that the country’s economy expanded by 2.2% in the third quarter – effectively ending the country’s negative growth trajectory.

On Wednesday, meanwhile, motorists were also granted some relief with one of the most substantial petrol price decreases in South African history taking effect.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
5.1% y/y in October 2018 (CPI) & +6.9 y/y in October 2018 (PPI)
2.2% q/q (3rd quarter of 2018)
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