BUSINESS DAY SPOTLIGHT
PODCAST | Economic news of the week: recession and Covid-19
With SA confirming its first case of coronavirus, the economic outlook looks even more bleak
06 March 2020 - 14:28
Our host Mudiwa Gavaza is joined in studio by Sifiso Skenjana, chief economist and thought leadership executive at IQ Business.
Last year, the pace of economic activity in SA slowed to just 0.2% — the lowest level since the global financial crisis. According to Stats SA, the SA economy contracted by 1.4% in the fourth quarter of 2019, after a contraction of 0.8% (revised) in the third quarter, resulting in technical recession...
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