GDP declined by 7% year on year in 2020 in South Africa

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Adam Craker, CEO at the Covid Business Rescue Assistance (COBRA) and IQ-Business, discusses the latest GDP data released by Stats SA that revealed that the South African economy suffered a decline of 7% year-on-year in 2020.

He also discusses whether there might be hope for small businesses and if the business environment could stabilise again.

By CobAdmin|2021-04-02T06:46:23+02:00March 17th, 2021|In the Media|Comments Off

#OFMBusinessHour: GDP declined by 7% year-on-year in 2020

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