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South Africa GDP (Q3)

South Africa’s economy contracted by 0.2% q/q in Q3 and more timely indicators point to a weak end to 2023, not helped by recent disruptions to the port and freight network. But there are reasons to think that growth will pick up a little in 2024 as some of the drags on activity in recent years, including loadshedding, high inflation and fiscal austerity, ease.

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