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South Africa moves out of recession

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StatsSA has published the latest GDP data for South Africa, showing that the country’s economy grew by 2.2% in the three months through September compared with a revised 0.4% contraction in the prior quarter.

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FirstRand braces for tough times

  • Published in News

DURBAN – FirstRand is anticipating tougher trading conditions in South Africa as the country entered a technical recession, but the group remains confident that its diversified portfolio will pull it through as it continues to report top-line growth in its businesses.

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