Kganyago expects the economy returned to growth in Q2

31 July 2017

South Africa’s economic growth likely resumed in the second quarter of 2017 after two straight quarters of contraction that pushed the economy into a recession,

Reserve Bank Governor Lesetja Kganyago said on Friday.

“We believe that the worst is behind us – and that growth in the second quarter of this year will be positive,” Kganyago said at the bank’s annual general meeting. 

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