South African economy on a downhill slide

Die Vryburger

South African economy on a downhill slide
South African economy on a downhill slide

The South African economy is experiencing its longest downward business cycle in more than 73 years, and prospects ahead do not look good.

This is apparent from a report from the SA Reserve Bank.

Shares on the Johannesburg Stock Exchange have not gone well with 60% of listed companies shares showing a decrease.

Experts are giving Cyril Ramaphosa’s land theft efforts the blame for the poor performance.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

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