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Economy to slow down in 2024

Finance Minister, Mthuli Ncube

TREASURY says economic growth is expected to decline by 3,5 percent in 2024 compared to a 5,5 percent growth expected this year, weighed by a slump in commodity prices, El Niño effects and high global inflation. The projections come as the late start of this year’s rainy season has caused significant anxiety among both farmers…

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