SA’s shrinking economy to pile pressure on consumers: analysts
Economists have expressed surprise at the degree to which the economy contracted in the first quarter of 2018. Growth domestic product (GDP) shrank by 2,2 percent to end March – marking the economy's worst performance in nine years. It is the largest quarterly fall since the second quarter of 2009. Analysts expect more pressure on consumers for the rest of the year as the effect of April’s VAT hike and […]
