South African economy, 1 of Africa's biggest, in recession

over 5 years in Washington Times

JOHANNESBURG (AP) - The South African economy has fallen into recession, compounding concerns about its weakening currency, plans for land reform and fallout from state corruption under former president Jacob Zuma. The Statistics South Africa group said Tuesday that the economy shrank by 0.7 percent in the second quarter of ...

Mentioned in this news
Share it on