SA’s real GDP growth by 0.4% quarter on quarter in Q1 2023 has been
disappointing at least for some.
The latest data print, after contracting by an upwardly revised 1.1%
previously in Q4 of 2022, is still far from the required levels of
growth that will boost exports and service delivery and add jobs to
the economy.
Many believe that the modest rebound in Q1 is likely to be short-lived
as load shedding intensified into Q2, weighing on confidence,
disrupting operations and driving up production costs.
Economist and founder of ESG Analytics Sifiso Skenjana unpacks this further.
Tune into Newzroom Afrika DStv channel 405 for more.