Mapaballo Borotho

Statistics South Africa (Stats SA) on Tuesday, confirmed that the South African economy grew by 0.1% in the first quarter of 2025.
The economic growth was largely driven by agriculture, with a production increase of 15.8%, adding 0.4 of a percentage point to the gross domestic product (GDP) growth.
“Good rains contributed to the industry’s fortunes, with horticulture benefitting the most. Animal products also fared well. Without the boost from agriculture, GDP would have contracted by 0,3%,” said Stats SA.
🧵#ZAeconomy || The South African economy grew by 0,1% in Q1:2025. @GovernmentZA
— Statistics South Africa (Stats SA) (@StatsSA) June 3, 2025
Read more here: https://t.co/AgqI5ds5WS#StatsSA #ZAGDP #GovZAUpdates pic.twitter.com/e70RamFQty
The second largest contributors of the economy in the first three months of 2025 were transport, storage and communication with gains recorded in land, air and transport support services.
“Consumer activity was stronger, with trade, catering & accommodation expanding by 0,5%. Retail trade, motor trade, accommodation and food & beverages contributed positively”.
The manufacturing and mining industries were there biggest drags of the GDP in the first quarter. Both industries reduced the GDP growth by 0.4%.
“Mining weakened by 4,1%, with platinum group metals the most significant negative contributor. Coal, chromium ore, gold, copper and nickel also disappointed. Iron ore, manganese ore and diamonds recorded gains, but not enough to lift the industry into positive territory.
“Manufacturing activity slowed on the back of weaker production levels for petroleum & chemicals, food & beverages, and motor vehicles & other transport equipment”.
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