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South Africa GDP rebasing adds 4.9% to economy

South Africa GDP rebasing has revealed an economy 4.9% larger than previously estimated, widening its lead over Nigeria and improving key fiscal ratios for investors. A larger economy, measured differently Statistics South Africa raised the country’s 2022 GDP estimate to R6.99tn from R6.67tn, in data published in…

FurtherAfricaBy FurtherAfrica
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South Africa GDP rebasing adds 4.9% to economy
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Original headline: “South Africa GDP rebasing adds 4.9% to economy”

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