WATCH: SA’s economy shrinks in Q2

Business Day TV speaks to Nedbank’s chief economist, Nicky Weimar

Picture: 123RF/XTOCK IMAGES
Picture: 123RF/XTOCK IMAGES

SA’s economy contracted in the three months to end-June after two consecutive quarters of positive growth. The country’s GDP print for the second quarter revealed a 0.7% decline, as floods, power outages and the global economic slowdown weighed. Business Day TV caught up with Nedbank’s chief economist, Nicky Weimar.

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