Pretoria, March 9 (AFP/APP): South Africa’s economy recorded its first annual contraction in 11 years in 2020 due to the pandemic but it extended its rebound in the last quarter, official data showed Tuesday. The country’s gross domestic product shrank by 7.0 percent in 2020 compared to a 0.2 percent expansion a year earlier, statistics agency … Continue reading South Africa’s economy records its first annual contraction in 11 years