South Africa GDP Worst in 7 Years

The video discusses the contraction in South Africa's manufacturing and mining sectors, despite a rise in retail sales during the festive season. This contraction poses risks to business and investor confidence as South Africa lags behind its growth targets. The Treasury forecasts a 1.3% GDP growth for 2017, with optimism due to global economic improvements, stability in China, and US infrastructure plans under President Trump.

What factors contributed to the contraction of manufacturing and mining in South Africa during the fourth quarter?

How did retail sales perform in December compared to expectations, and what might explain this performance?

What are the implications of South Africa's sluggish growth on investor and business confidence?

What growth rate does the Treasury expect for South Africa in 2017, and what factors contribute to this expectation?

How might global economic conditions and U.S. infrastructure spending plans affect South Africa's economic outlook?