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Tag : Economic Activity

Business

PMI: South Africa’s sharp economic downturn extends into July

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South Africa’s economic downturn extended into last month, though businesses still reeling from the impact of the COVID-19 pandemic reported slightly less steep in output...
Business

OECD: South Africa economy could contract 8.2% if second coronavirus wave hits

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South Africa’s economy could contract 8.2% this year, and grow just 0.6% in 2021, if a second wave of COVID-19 cases hits the country and...
Business

Sub-Saharan Africa GDP to contract 3.1% this year

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Sub-Saharan Africa’s economy will contract this year after shutdowns disrupted activity and as daily cases of coronavirus are still rising in the region but a...