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South Africa economy to enter into deep recession due to Covid-19

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Economists expect South Africa economy to enter into deeper than expected recession due to Covid-19 and crippling power shortages. Statistics South Africa (StatsSA) will tomorrow release data showing how the Covid-19 lockdown decimated the economy in the three months to June. Elsewhere Single currency, Covid-19 and regional security is on top of agenda as ECOWAS leaders meet today in Niger.

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