strait of hormuzlatest news & developments
South Africa’s GDP contracted by 0.2% in the second quarter of 2026, while July mining production fell sharply. Manufacturing showed a modest recovery, but business confidence slipped to 38 in the third quarter as pressure on the economy persisted.
GDP

Sunday's economic review: Growth slows as mining slump deepens

South Africa's economy just shrank. Is worse still coming? We review the week that was.

  • Ashley Lechman
  • Yogashen Pillay
5 min read