South Africa likely already in a technical recession

[BusinessTech]

South Africa likely already in a technical recession

Early indications are that South Africa's economy declined in the first quarter of the year.

 

[rvZA]

LOL... Likely. Technical. This country has been in a recession a while now. It is heading towards a full-blown depression.

 

[WollieVerstege]

LOL

 

[RedViking]

Technically, yes.

 

[Pegging]

We need a minister of Recession.

 

[Moto Guzzi]

South Africa likely already in a technical recession

Early indications are that South Africa's economy declined in the first quarter of the year.

The word "Resession" has lost its meaning in/with SA....Stop using it, also stop using the term="Inflation".
Both has very little meaning still in SA.

 

[DapperDanMan]

High Five, Everyone!