SA - Cabinet Welcomes 2.2% Economic Growth

Cabinet has welcomed the 2.2% growth in the South African economy during the third quarter, moving the country out of a technical recession. In a post-Cabinet statement, government said the growth figures were driven by increases in the agricultural sector (6.5%), financial sector (2.3%); manufacturing sector (7.5%) and wholesale and retail trade sales (3.2%). “The growth figures signal a rebound in the economy and together with initiatives from the Jobs Summit and South African Investment

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