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Surprise recession:  SA feels the after-effects of years of policy mismanagement & corruption

By Janice Roberts at New Media
6 September 2018 • 1 min read

By Peter Kent, co-head of fixed income, and Malcolm Charles, portfolio manager, Investec Asset Management

We had the surprise announcement on Tuesday (4 September) that growth in the second quarter of this year was again negative (-0.7%).  We use the word “again”, because the first quarter was also negative at -2.6%, with two successive quarters of negative growth triggering the term “recession”. (more…)


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