
GDP Contracts 0.2%: Ninety One on SA’s Growth Pulse
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South Africa’s GDP contracted 0.2% in Q2 2026, confirming a weak quarter driven by declines in trade, manufacturing and mining. Ninety One’s Vivienne Taberer joins us to unpack the sector‑level drivers, the agricultural volatility behind forecast differences, and the implications of rising imports and soft investment. She also explains the upcoming GDP rebase, why it may lower the debt‑to‑GDP ratio, and how markets should interpret the contrast between weak growth and improving fiscal optics.

