DStv Channel 403 Tuesday, 24 December 2024

Eastern Cape recession | Urgent recovery plan needed

ZIKHOVA - The Eastern Cape could face a bleak economic outlook if key sectors continue to shrink. 

That's the view of provincial legislature members following a recent announcement that the province had entered a technical recession. 

Construction, mining and manufacturing industries have been on a decline, with growing concerns that the automotive sector might also be negatively impacted.  

But the provincial speaker remains optimistic that things may improve during the seventh administration.

  • eNCA's Ronald Masinda reports.

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