South Africa’s GDP improves, but worst not over for economy

Actualités économiques

The South African economy recovered lost ground in the third quarter boosted by productive sectors, but the latest figures hide an ugly reality: difficult times lie ahead.

According to experts: ‘Employment generation is going to be quite slow. We should continue to expect an unemployment rate that rises to anywhere between 35%-40% over the next two years before we can see an improvement’.

Source : The Africa Report

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