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South Africa’s mining profits rise. Can growth follow?

Mine workers. Photo by Rio Mone @ Unsplash
Mine workers. Photo by Rio Mone @ Unsplash

Eric Kasongo

Senior Journalist and Strategic Researcher specializing in political economy, mining, energy, and financial markets across Central and Southern Africa, with a strong focus on data-driven analysis and regional investment.
  • Mining profits surged even as key productive sectors contracted.
  • Weak investment threatens South Africa’s path to durable growth.

 

PRETORIA, SOUTH AFRICA – South Africa’s economy contracted in the second quarter, exposing a deeper problem: stronger mining profits are not yet translating into investment and productive growth.

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