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BETI Nov 2013 -BETI reveals economy struggling to get going as strikes take their toll
South Africa’s economy is once again in decline, following the protracted strike in the motor industry, according to the October results of the BankservAfrica Economic Transaction Index (BETI).
All eyes are now on November’s economic data to see whether the economy will indeed recover from the strikes (as it did last year), or whether South Africa is hoping in vain for a significant growth spurt that will encourage noteworthy job creation.
According to Mike Schüssler, chief economist at econom ...