GNU should expedite key growth-friendly reforms for better GDP figures
“After the revised zero growth (0,0%) in the first quarter of 2024, the better news is that real gross domestic product (GDP) in South Africa grew by a modest 0,4% in the second quarter of 2024.”
In commenting on the second-quarter GDP figures that Statistics SA released on 3 September, Prof Raymond Parsons, economist from the NWU Business School, says it could represent a turning point in South Africa’s business cycle, as the growth performance has clearly been too low for too long.