Agriculture the beacon of hope for South African economy: economists eNCA

Economists say agriculture is the beacon of hope for South Africa’s declining economy.

The sector contributed 12.8 percent to the Gross Domestic Product for the first quarter of the year, despite poor output in the Western Cape due to the ongoing drought.

While the country has fallen into a technical recession because of two consecutive quarters of contraction, this years maize production is expected to produce a record crop.