The continent’s most industrialised country saw its gross domestic product rise by 1.2 percent in the second quarter of 2021, following a 1 percent increase in the first quarter over the October to December 2020 period.
Rolling restrictions have since continued to stifle economic activity, with a curfew and lockdown measures still in place as the country battles with a prolonged third coronavirus wave. At least 40,000 businesses were vandalised in the eastern KwaZulu-Natal province and the financial hub Johannesburg, costing the country billions in losses.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: