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South African economy on a downhill slide

Die Vryburger

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

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