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South Africa’s economy has had a slow recovery from the most recent global economic shocks caused by the Russia-Ukraine conflict. Real GDP growth is projected to increase to 1.1% in 2024, from 0.7% in 2023 after reaching an annual average growth rate of 2.5% for 2021 to 2023. Economic growth has been largely affected or driven by transport, starage and communication; trade, catering and accommdotion; and construction... Read the full PESA Editorial here: https://politicaleconomy.org.za/2025/03/pesa-editorial-on-south-africa-2h2024-25/.
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