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Cabinet welcomes improved GDP growth, stable credit rating [SOUND]

# Cabinet has welcomed South Africa’s latest GDP figures, showing 0.8-percent growth in the second quarter of 2025, up from 0.1-percent in the first quarter. Minister in the Presidency, Khumbudzo Ntshavheni, says the increase reflects a broad-based recovery across manufacturing, mining, and trade, alongside rising household consumption. She also welcomed Fitch’s decision to affirm South Africa’s credit rating with a stable outlook, citing progress under Operation Vulindlela reforms:

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