1. South Africa: Economy Down by 51% in 2nd Quarter  Africanews English
  2. DISCUSSION | SA economy takes a dip  eNCA
  3. Virus lockdown plunges South Africa deeper into recession  MSN Money
  4. South Africa's GDP plunges over 50% as COVID-19's 'punch in the gut' triggers the steepest decline since 1960 | Markets  Business Insider
  5. South Africa's economy contracts 51% in 2nd quarter  Anadolu Agency
  6. View Full coverage on Google News
A brief look at the effects of the Covid-19 pandemic on the South African economy over the last few months.A brief look at the effects of the Covid-19 pandemic on the South African economy over the last few months.

South Africa: Economy Down by 51% in 2nd Quarter | Africanews

Gallo Images/Getty South Africa's gross domestic product contracted by an annualized 51% in the second quarter of 2020, its fourth consecutive... Gallo Images/Getty South Africa's gross domestic product contracted by an annualized 51% in the second quarter of 2020, its fourth consecutive...

South Africa's GDP plunges over 50% as COVID-19's 'punch in the gut' triggers the steepest decline since 1960 | Markets Insider

JOHANNESBURG (AP) — South Africa’s economy has sunk deeper into recession, with its gross domestic product for the second quarter of 2020 plummeting by 51%, largely as a result of COVID-19 and the country's strict lockdown, according to statistics released Tuesday. South Africa imposed one of the strictest lockdowns in the world in April and May in response to the coronavirus outbreak, which has now claimed more than 15,000 lives and infected...

Virus lockdown plunges South Africa deeper into recession

"The punch in the gut was severe," Statistics SA said on Tuesday when it released the Covid-19 "pandemic quarter" GDP data."The punch in the gut was severe," Statistics SA said on Tuesday when it released the Covid-19 "pandemic quarter" GDP data.

Lockdown economy: Business activity plummets with only agriculture coping

The largest negative contributors to the negative growth in GDP for quarter 2 were manufacturing, trade, and transport – which were severely affected by the lockdown regulations.The largest negative contributors to the negative growth in GDP for quarter 2 were manufacturing, trade, and transport – which were severely affected by the lockdown regulations.

Communications industry ‘winner’ as most sectors choked under COVID lockdown

Statistics body attributes contraction to impact of COVID-19 lockdown restrictions - Anadolu AgencyStatistics body attributes contraction to impact of COVID-19 lockdown restrictions - Anadolu Agency

South Africa’s economy contracts 51% in 2nd quarter

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After a 51% QoQ economic contraction, will USD/ZAR continue its bearish trajectory or will this be the catalyst for a shift in momentum?After a 51% QoQ economic contraction, will USD/ZAR continue its bearish trajectory or will this be the catalyst for a shift in momentum?

USD/ZAR Latest: Rand Falls on Dismal South African GDP Figures

Africa's most industrialised economy was already suffering from high unemployment and power cuts before COVID-19 struck.Africa's most industrialised economy was already suffering from high unemployment and power cuts before COVID-19 struck.

South Africa's recession worsens as economy shrinks 51% in Q2 | Coronavirus pandemic News | Al Jazeera

South Africa’s gross domestic product (GDP) contracted by 51.0% quarter on quarter in the second quarter of 2020, the fourth contraction in a row, data from the statistics agency showed on Tuesday. GDP shrank 17.1% year on year in the three months to the end of June, reflecting the impact of the

South African economy contracts 51% q/q in Q2 | CGTN Africa

The USDZAR pair was higher on the day as traders await second quarter GDP from South Africa. Investors are nervous that the economy could show deep losses after strict lockdowns and the recent Eskom power cuts. Analyst expectations for the GDP number are for a huge drop of -47.3% from the first ...The USDZAR pair was higher on the day as traders await second quarter GDP from South Africa. Investors are nervous that the economy could show deep losses after strict lockdowns and the recent Eskom power cuts. Analyst expectations for the GDP number are for a huge drop of -47.3% from the first ...

USDZAR Eyes Support Levels Ahead of South African GDP | Forex Factory

The quarter-on-quarter fall is the fourth consecutive decline in quarterly GDP since the second quarter of 2019.The quarter-on-quarter fall is the fourth consecutive decline in quarterly GDP since the second quarter of 2019.

GDP collapses 51% in the second quarter - Moneyweb

South Africa’s economy contracted 51% in the April to June quarter of 2020, when activity was largely stifled by the lockdown measures to curb the spread of Covid-19. South Africa’s economy contracted 51% in the April to June quarter of 2020, when activity was largely stifled by the lockdown measures to curb the spread of Covid-19. 

Lockdown meltdown: SA economy contracted 51% in Q2

The record decline means that South Africa's economy has now contracted for four successive quarters. The record decline means that South Africa's economy has now contracted for four successive quarters.

Rand weakens as SA's second quarter GDP plunges by 51% | Fin24

The rand dropped 1.14% on Tuesday afternoon as Stats SA revealed that the economy fell 16.4% on a non-annualised basisThe rand dropped 1.14% on Tuesday afternoon as Stats SA revealed that the economy fell 16.4% on a non-annualised basis

GDP drops an annualised 51% in second quarter

South Africa's economy shrank by more than half in the second quarter, an unprecedented decline, as the coronavirus pandemic took its toll on the continent's most industrialised state, the statisticsSouth Africa's economy shrank by more than half in the second quarter, an unprecedented decline, as the coronavirus pandemic took its toll on the continent's most industrialised state, the statistics

S. African economy shrinks by half in second-quarter 'gut punch' - The Citizen

South AfricaSouth Africa

South Africa’s economy shrinks by half in Q2 – Punch Newspapers

South AfricaSouth Africa

South Africa’s economy shrinks by half in Q2 – Punch Newspapers

The SA economy has fallen by 51% in the second quarter of 2020 mainly due to the Covid-19 pandemic.The SA economy has fallen by 51% in the second quarter of 2020 mainly due to the Covid-19 pandemic.

SA economy has fallen by 51%, says statistician-general

South Africa recorded a decline in GDP in the first quarter of 2020, deepening the recession it entered at the start of the year.South Africa recorded a decline in GDP in the first quarter of 2020, deepening the recession it entered at the start of the year.

Stats SA to release GDP figures | eNCA

South Africa’s gross domestic product (GDP) contracted by 51 per cent quarter-on-quarter (q-o-q) in the second quarter of 2020, the fourth contraction in a row, data from the statistics agency showedSouth Africa’s gross domestic product (GDP) contracted by 51 per cent quarter-on-quarter (q-o-q) in the second quarter of 2020, the fourth contraction in a row, data from the statistics agency showed

South African economy contracts 51 per cent in Q2 - The Hindu BusinessLine

The decline in GDP has also pushed the economy into its longest recession in 28 yearsThe decline in GDP has also pushed the economy into its longest recession in 28 years

South Africa's GDP shrinks 51% in second quarter over coronavirus woes - The National

PRETORIA: South African economic output shrank by 51.0% in the second quarter of 2020, its fourth quarterly contraction in a row, as a strict lockdown to curb the coronavirus pandemic shut down most activity, data showed on Tuesday.PRETORIA: South African economic output shrank by 51.0% in the second quarter of 2020, its fourth quarterly contraction in a row, as a strict lockdown to curb the coronavirus pandemic shut down most activity, data showed on Tuesday.

South African GDP plunged 51% in 2Q during strict lockdown | The Star

The contraction- 51%- is the biggest slump South African economy has experienced in decades.The contraction- 51%- is the biggest slump South African economy has experienced in decades.

COVID-19: South Africa's economy contracts by 51%

President Cyril Ramaphosa released a statement regarding economic recovery after Stats SA announced a shocking GDP figure.President Cyril Ramaphosa released a statement regarding economic recovery after Stats SA announced a shocking GDP figure.

Cyril Ramaphosa lists three processes for economic recovery

South Africa’s economy shrank by 51% in the second quarter, its worst quarterly decline in at least a century and one of the steepest contractions recorded by any major economy during the coronavirus pandemic.South Africa’s economy shrank by 51% in the second quarter, its worst quarterly decline in at least a century and one of the steepest contractions recorded by any major economy during the coronavirus pandemic.

South Africa’s Economy Shrinks 51% as Lockdown Restrictions Hurt Businesses - WSJ

President Cyril Ramaphosa has called on all sectors of society to act with unity and purpose to rebuild the ailing economy.President Cyril Ramaphosa has called on all sectors of society to act with unity and purpose to rebuild the ailing economy.

As economy shrinks, Ramaphosa urges national effort to rebuild the economy - BizNews.com