Vanished decade of growth in Gauteng
Gauteng GDP plunges more than R80bn in 2020, finance MEC says
11 March 2021 - 12:47
UPDATED 11 March 2021 - 23:30
Lockdown to combat the spread of Covid-19 has devastated Gauteng’s economy, eradicating nearly a decade of growth in a province that accounts for 34% of GDP in SA.
The province’s GDP shrank by about R80.9bn in 2020 to R1-trillion, finance MEC Nomantu Nkomo-Ralehoko said as she tabled a R142.6bn budget in the provincial legislature...
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