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WATCH: SA’s GDP contracts 0.3% in third quarter

Business Day TV speaks to Keabetswe Mojapelo, macroeconomist at RMB

South Africa needs to start putting pressure on the government to deliver services to consumers and the private sector because until the economy grows, everyone will be under pressure, says Momentum CEO Jeanette Marais. Picture: 123RF
South Africa needs to start putting pressure on the government to deliver services to consumers and the private sector because until the economy grows, everyone will be under pressure, says Momentum CEO Jeanette Marais. Picture: 123RF

SA’s GDP contracted by 0.3% in the third quarter, reversing growth of the same margin experienced in the second quarter. This was largely driven by a near 29% drop in the agriculture, forestry and fishing industry during the period. Business Day TV spoke to Keabetswe Mojapelo, a macroeconomist at RMB, for closer analysis of the print.

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