- The growth was higher than expected but still relatively low
- It is an improvement from early 2018, however, when South Africa was in a technical recession
- The Rand has also recovered slightly
According to Stats SA, the South African economy saw 1.4% growth in the fourth quarter of 2018.
The amount was slightly higher than most experts' predictions, but still far below the 3% promised by Cyril Ramaphosa.
Nevertheless, the economy made a slight comeback from its dismal performance in 2018's first quarter.
In earlier 2018, South Africa's economy was in recession, following a 2.6% decrease in the first quarter and 0.4% in the second quarter.
The Rand has also strengthened somewhat, rising to R14.12 to the dollar.
However, these trends will have to increase exponentially to put a dent in the country's economic woes.
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