Analysts predict 0.5% GDP growth for second quarter, supported by lower inflation and improved electricity supply.
Business confidence has risen post-election, with the rand rallying and hopes for economic reforms and investment.
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South Africa’s economy probably avoided tipping into a recession in the second quarter, handing the country’s new coalition government a much-needed base to build on over the rest of the year.
Stronger readings from manufacturing, retail and wholesale trade sales shows parts of the economy have turned positive that were a drag in the three months through March — when output shrank 0.1% — amid a clear improvement in national electricity supply.
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