CLAIRE BISSEKER: Low light, low pay and low expectations help drag SA to fresh lows
The economy is on the ropes and unless the new cabinet goes the extra mile, the country will be lucky to achieve 1% growth in 2019
It’s almost a year since SA experienced its last technical recession and the country is braced for this week’s big reveal by Stats SA: whether the economy experienced an outright contraction in the first quarter and what this implies for full -year growth.
Having had sight of less than half of the required data, economists have had a hard time estimating quarterly GDP growth. But given the horror show of available data, the results are not going to be pretty.