South Africa records first current account surplus in 17 years

JOHANNESBURG (Reuters) – South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 as the trade balance more than doubled, central bank data showed on Thursday. The current account swung to a surplus of 1.3% of gross domestic product, or 69.7 billion rand ($4.12 billion), in January-March from […]

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Source : African Media Agency (AMA)