Terence Creamer

World Bank warns of big South Africa GDP slump and first SSA recession in 25 years as Covid-19 bites

The World Bank is forecasting that gross domestic product in South Africa could slump by between 6.9 percentage points and 8 percentage points in 2020 when compared with a base case that does not include the anticipated economic fallout from the Covid-…

World Bank warns of big South Africa GDP slump and first SSA recession in 25 years as Covid-19 bites Read More »