Business Business: South Africa’s economy registered a growth of 0.1% in the first quarter of 2025, indicating that the country’s economic pace is still very slow. The agricultural sector saw growth of more than 15%, but declines in sectors such as mining and manufacturing limited overall growth.
The country’s economy has been in trouble for the past decade, with annual growth rates of less than 1%. Although the recently formed coalition government has boosted business and consumer confidence, it has not brought about a significant improvement in production levels. According to the data, the growth rate in the first quarter was 0.8% on an annual basis. The figures for the last quarter of last year have been revised to 0.4%, which was previously reported at 0.6%.
