SA’s economy shrank by 0.3% from the second to the third quarter of this year
Image | Adobe Stock The third quarter saw a 0.3% contraction in South Africa's Gross Domestic Product, reversing the same margin of increase seen in the second quarter. This was mostly caused by a nearly 29% decline in the fishery, forestry, and agricultural sectors during that time. "Four industries recorded negative growth between the second and third quarters of 2024. The agriculture industry was the largest negative contributor, decreasing by […]