“This is a recipe for disaster,” Roodt said.
''Efficient Group chief economist Dawie Roodt said South Africans have been getting poorer for a decade and warned that things are set to get much worse.
The latest figures from Statistics South Africa showed that the country’s gross domestic product (GDP) contracted 0.7% in the three months through June.
The data also revealed that South Africa’s economy is smaller than before the coronavirus pandemic struck.''
''Efficient Group chief economist Dawie Roodt said South Africans have been getting poorer for a decade and warned that things are set to get much worse.
The latest figures from Statistics South Africa showed that the country’s gross domestic product (GDP) contracted 0.7% in the three months through June.
The data also revealed that South Africa’s economy is smaller than before the coronavirus pandemic struck.''
South Africa is in deep trouble, warns economist
Fixing South Africa’s economy is easy. It’s real problem is political, says Dawie Roodt.
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