South Africa Seen Dodging Contraction Even as Key Sectors Shrink

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South Africa’s economy probably skirted a contraction in the third quarter, even as sectors that make up more than a fifth of total gross domestic product shrank.

Despite a 1.6% slump in mining and 1.2% in manufacturing in the three months through September, analysts expect meager quarter-on-quarter economic growth because of less severe power cuts and the increased use of self-generation by businesses and homeowners.

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