Mining and agriculture were among the stand-out performers during what is set to be known as the ‘pandemic quarter’.
Statistics SA predicts that the second quarter of this year will become known as the ‘pandemic quarter’. Gross domestic product (GDP) fell by just over 16% between the first and second quarters.
However, according to PwC chief economist Lulu Krugel, mining and agriculture did surprisingly well. These two sectors may well form the base from which the South African economy can rebound – if managed correctly.
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