South Africa’s economy shrinks by 0.3% in Q3, agricultural decline hits hard
South Africa's economy experienced a 0.3% contraction in the third quarter of 2024, following a revised 0.3% growth in the second quarter, according to data released by Statistics South Africa on Tuesday morning (3 December 2024). The latest gross domestic product (GDP) figures highlight significant challenges, with agriculture, transport, and communications emerging as the leading contributors to the economic decline. Speaking on VOC Breakfast, Economist Dawie Roodt expressed surprise at […]
