ISAAH MHLANGA: We’re not out of the woods until business confidence improves
09 June 2023 - 05:00
There was a sigh of relief that the economy had avoided a technical recession in the first quarter of 2023 when Stats SA data showed growth of 0.4% compared with the fourth quarter of 2022.
While the positive news is welcome we must not lose the broader context — that many of the economic indicators still show a deteriorating trend, and the data is subject to significant revisions in a post-Covid world. ..
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