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South African economy contracts in second quarter, impacted by Iran war

South Africa's GDP declined in the second quarter of 2024, according to official data.

Published 6h1 sourceNotableupdated 4h
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The war in Iran is cited as a worsening factor for this contraction.

Analysts express concerns over the impact on regional growth.

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Auto-synthesis from 1 media source · identified on September 8, 2026
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