Bloomberg News

SOUTH AFRICA DAYBOOK: GDP Data, Malema Hearing, Credit, Telkom

August 30, 2011

(See SARB <GO> for South Africa’s central bank.)

(See ECO SA <GO> for South African economic events.)

Aug. 30 (Bloomberg) -- South Africa’s economic growth probably slowed to an annualized 1.6 percent in the second quarter from 4.8 percent in the previous three months, according to the median estimate of 18 economists surveyed by Bloomberg.

Estimates ranged from 0.5 percent expansion to 3.6 percent, the survey showed. Africa’s biggest economy probably grew by 3.4 percent compared with the same period a year earlier, according to the median forecast of 14 analysts.

Statistics South Africa releases the gross domestic product data at 11:30 a.m. in Pretoria.

--Editor: Emily Bowers

To contact the reporter on this story: Gordon Bell in Johannesburg at gbell16@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus