South Africa broke free of recession on Tuesday when it reported GDP
growth of 2.2 percent for the third quarter, the statistics authority
said, marking a positive economic trajectory ahead of elections.
President Cyril Ramaphosa, who took power in February, has pledged to
revive the listless economy ahead of polls due in May by attracting
$100 billion in foreign investment and by fighting corruption.
The growth, which contrasted sharply with the second quarter’s 0.4
percent contraction, was driven by a surge in the manufacturing,
agriculture and transport sectors, Stats SA said in a statement.
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