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South African economy stumbles as longest strike rolls on
South African economy stumbles as longest strike rolls on

As the longest strike in South Africa's history ground on Tuesday, the governor of the Reserve Bank offered a wintry assessment: even if the country narrowly avoids recession, a small growth rate will offer investors little comfort. Gov. Gill Marcus called on the government, employers and workers to do something to halt the downhill slide of the economy. She said South Africa’s weak performance was not due to global factors but “largely self-inflicted” problems. "The solutions are in our own hands. As a country, instead of focusing on whether we are entering a recession or not, we should all be striving to restore the economy to the strong growth path that...

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