Tag: Agri SA

Agriculture remains resilient 

South Africa’s real gross domestic product (GDP) shrunk by 0,7% in the first quarter of 2017, following a decrease of 0,3% in the fourth quarter of 2016, Statistics South Africa (Stats SA) reported recently.
In economics, if an economy shrinks for two straight quarters (a total of six months), that indicates that economy has fallen into technical recession. The technical indicator of a recession therefore

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