South Africa sinks into recession

SAfm — Senior Lecturer at the Wits University’s School of Economics and Business Science, Lumkile Mondi says the private sector must play its part in order to help lift South Africa out of the current recession. Statistics SA has released figures showing that the country has sunk into a recession. The economy contracted by 0.7 percent in the second quarter while the number was at 2,2 percent in the first quarter. Contributing factors include a slump in agriculture production, the transport industry, and manufacturing. Sakina Kamwendo spoke to Mondi.