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THE ‘R’ WORD

13th June 2014

By: Darlene Creamer

  

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South Africa’s new Finance Minister, Nhlanhla Nene, remains hopeful that the South African economy can avoid recession in 2014. However, many of the indicators are far from positive and, if the platinum strike is followed by labour-related disruptions in other sectors, a job-destroying contraction might be unavoidable.

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