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SA's latest GDP growth figures illustrates the urgent need to stabilise Eskom. StatsSA's GDP growth figures show SA finds itself again in a technical recession. The economy contracted by 1.4% in Q4-2019 following 0.8% in Q3 - Steve Swart. MP More here: https://www.facebook.com/379138726819/posts/10156794031371820/ …
This is SA's lowest economic growth rate since the 2008/9 global financial crisis & can largely be attributed to ongoing load-shedding by #Eskom negatively impacting business & investor confidence.
More: https://www.facebook.com/379138726819/posts/10156794031371820/ …
It is imperative that growth-enhancing policies and strategies such as contained in National Treasury’s economic growth document, are implemented without delay to avoid a recurrence of these dismal figures for 2020.
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