There’s talk of South Africa being greylisted by the Financial Action Task Force. That may not sound like something that should concern you too much but it could have real-world implications for all of us.
Yesterday, Stats SA released the GDP stats for the third quarter. The headline number touted was the 66,1% growth, but that doesn’t really tell the full story.
Even though you know full well the numbers are going to be dire, they still sting. Let’s take a closer look at what it all means.
Statistics South Africa released the latest Gross Domestic Product (GDP) numbers today, and they’re not at all pretty.
South Africa’s economy has undergone the worst drop since way back in 2009, and the problem spans multiple sectors.