National Wire About Nigerians, Nigerian Business and Other Stories
South Africa Enters into Recession
(BBC) South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and trade, follows a 0.3% fall in GDP in the final quarter last year. It is the first time that economic has slowed for two consecutive quarters – the technical definition of …
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