Contraction shows SA's reforms are a day late and a rand short
Vukile: Why rural and 'township' shopping centres are bucking the retail trend View Online Daybreaker A snapshot of the day's business and economic news. JAN CRONJE , FIN24 DEPUTY EDITOR The Covid-19 coronavirus pandemic, which has severely curtailed economic activity in South Africa. (iStock/ Coffeekai) Contraction shows SA's reforms are a day late and a rand short Economists have responded to South Africa's gross domestic product figures for the first quarter of 2020, saying the contraction showed that South Africa did not make the shifts to diversify its economy before the Covid-19 pandemic arrived. South Africa's economy contracted 2% in the first quarter of 2020, Statis...