Wednesday, June 07, 2017

Global Economic Health Continues To Look Precarious

Like Nigeria, South Africa Slips Into Recession

South Africa has entered recession for the first time in eight years, data from Statistics South Africa showed on Tuesday. Data from Statistics South Africa in Pretoria showed the first quarter contraction was led by weak manufacturing and trade. The data showed that South Africa's economy contracted by 0.7 per cent in the first three months…