South Africa’s economy shrank by 1.3% in the last three months of 2022. This after growing by 1.8% in the third quarter. Overall the economy grew by 2% last in 2022.
Power cuts hit the major sectors, with seven industries including Mining, Agriculture, and Manufacturing declining.
Economists had expected a contraction following increased power cuts, a higher cost of living, and a failing logistics network.
Source: eNCA
In other news – Langa Mavuso bids farewell to his soulmate Chef Lentswe
Langa Mavuso mourns the death of his lover, Chef Lentswe Bhengu. The singer and the late chef were together for 7 years. Speaking after Lentswe’s passing, Langa says they both loved each other.
Regardless of the strain, we always knew we loved each other, and it was aptly said in every text, which ended with the words ‘Love first, Love always. Learn more
