South Africa on weak footing amid global recession fears

Talk of an impending global recession is difficult to avoid these days, especially as central banks appear determined to tame runaway inflation in the face of weaker economic growth. 

If a global recession does unfold, it will be the fourth in three decades, each of which rippled through South Africa’s economy. Another downturn will be no different — and may be even more difficult to recover from than the last, the pandemic-driven recession.

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