Africa

Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors

In a recent update, South Africa’s economy has experienced a slight downturn in the third quarter of this year. Data released by the national statistics agency revealed that critical industries like agriculture, mining, and construction witnessed a decrease in output. Contrary to analyst predictions of a 0.1 percent decline, the actual contraction was slightly higher at 0.2 percent on a quarter-on-quarter seasonally adjusted basis. This … Continue reading Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors