South Africa avoids a technical recession
By: Natasha Archary Image: Nicola Barts Pexels South Africa's Gross Domestic Product (GDP) increased by 0.4% in the 1st quarter of 2023, ensuring the country avoids a technical recession. Joe de Beer, Deputy Director General for Economic Statistics at StatsSA joined Nastassia Arendse on Kaya Biz to break down what this means. According to de Beer, there were two sectors which contributed to the lower than expected GDP increase, which […]