Recession: Consumers urged to tighten belts
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An economist is advising consumers to be more responsible with their spending during the recession.
South Africa is in a technical recession after a second consecutive quarter in which the gross domestic product contracted.
The country's GDP growth rate stands at just 1% year-on-year.
Market analyst, Mike Schussler, explains how the country found itself in this situation.
South Africa is in a technical recession after a second consecutive quarter in which the gross domestic product contracted.
The country's GDP growth rate stands at just 1% year-on-year.
Market analyst, Mike Schussler, explains how the country found itself in this situation.
