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Person holding South African money.
South Africa could see economic growth lift in the second quarter despite declining business confidence and ongoing strain in key sectors like mining.
Stats SA is set to publish the latest GDP data for the year on Tuesday, with economists predicting an expansion of between 0.4% to 0.5%.
This will follow the modest 0.1% growth in the first quarter of the year.
FNB Senior Economist Thanda Sithole says: “Overall, I think most of the sectors are likely going to contribute positively, including food and beverages as well as accommodation. So, most of the sectors are going to be positive. The only source of uncertainty really will be your notoriously volatile agricultural sector.”
SA economy grew 0.1% in Q1 |Kim Silberman weighs in:
