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According to Statistics South Africa (Stats SA), the country’s economy grew at an annualised rate of 66.1% in the third quarter of 2020. Without annualising, the quarter-on-quarter seasonally adjusted growth rate was 13.5%.
BOUNCEBACK

South Africa records impressive economic recovery

The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993

  • Sarah Smit
3 min read