SA’s economic performance in 2020: Agriculture a beacon of hope

[{“type”:”text”,”content”:”The South African economy grew by an impressive 6,3% in the final quarter of 2020 u2013 despite the second wave of Covid-19. For the year as a whole, the local economy declined by -7%, which admittedly was better than most forecasts. nnAlmost every sector recorded positive growth in the final quarter of 2020, with the mining and finance sectors, respectively, the exceptions. The one shining star was the agricultural sector, which recorded a 5,9% growth in the fourth quarter, at the back of increased production of animal products, according to Stats SA. The sectoru2019s year performance flourished, as expected, coming in at 13.1% in 2020.”,”position”:0,”id”:”pYAwm0UlQOb8G68d”}]