DStv Channel 403 Friday, 15 November 2024

Economic Transactions Index | Economy struggling to grow

JOHANNESBURG - The South African economy is struggling to pick up.

That's according to the latest BankservAfrica Economic Transaction Index for February.

READ:  GDP FIGURES | ECONOMY GROWS A MEAGRE 0.1% IN Q4

The index declined on a monthly basis and is now at the same level as a year ago.

Independent economist Elize Kruger says the index reflects the impact of multiple economic challenges, including persistent power cuts, the crippling logistics crisis and rising fuel prices.

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