According to the deputy boss of South Africa, David Mabuza, the country is not in a technical recession “as it we are not looking at the whole picture”.
According to him, the country’s assessment on a quarterly basis is not the correct way to measure the economy. The small and medium businesses of the country will promote the economy.
He also denied that land expropriation without compensation would harm the economy.
However, he was silent about the major government entities such as Denel, SAL, Eskom, Prasa, Spoornet and the Post Office, that are spending millions and showing no profit.
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News
