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JOHANNESBURG – South Africa’s economy is growing again.
Gross Domestic Product, or the total output of the economy, grew by 0.4% in the second quarter of the year, compared with the first quarter.
The country experienced no load-shedding for the entire quarter, for the first time in years.
WATCH: Discussion | eNCA Business | SA’s GDP numbers for Q2 of 2024
GDP was revised to 0%, or no growth, in the first quarter after a very small contraction was reported previously.
Does the latest data set a better tone for the economy?
Economist Iraj Abedian discussed this with eNCA.
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