Economy shrinks by half in second quarter
Gross domestic product in South Africa shrank by more than half from April to June compared with a year earlier, battered by the impact of the coronavirus pandemic, the country's statistics agency said.
"South Africa’s economy contracted by 51% in Q2 2020" compared with the second quarter of 2019, Statistics South Africa said.
The unprecedented fall came after a strict lockdown, imposed on March 27, caused most economic activity to cease.
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