S.A’s GDP contracts in first quarter
GDP fell by a significant 1.2 per cent in first quarter of 2016, the latest GDP performance was well below market expectations Fitch Ratings also confirmed South Africa’s sovereign international credit rating at BBB- , with a neutral outlook. CNBC Africa is joined by Mike Schussler, Chief Economist at Economists.co.za, James Turp, Portfolio Manager: Bonds at Absa Asset Management, George Sebulela, President and Founder African Entrepreneurship Council.