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SA caught in low–growth trap

Story from: The New Age

SUB-SAHARAN Africa’s economic activity has been projected to pick up by 2.4% this year, from 1.3% last year, before accelerating to 3.4% next year. Unfortunately South Africa, the region’s second-biggest economy, is still trapped in low growth, global lenders IMF and the World Bank said yesterday. In the second quarter of this year, Nigeria pulled

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