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Best to build, not borrow, our way out of decline

Best to build, not borrow, our way out of decline — photograph supplied by Sunday World

Image: Sunday World

South Africa’s economy is moving backwards and last week’s economic data has made the case for action even more urgent. Statistics South Africa reported that GDP contracted by 0.2% in the second quarter of this year, after growth of just 0.4% in the first quarter. Mining declined by 3.0%, trade by…

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