Africa’s richest city on track to extend GDP growth streak for third quarter
South Africa’s economy likely grew for a third consecutive quarter, driven by rebounds in manufacturing and mining, though new U.S. tariffs threaten to derail momentum. Africa’s largest economy, South Africa, likely saw 0.4% growth in Q2, driven by manufacturing and mining rebounds. Recent U.S.-imposed tariffs present challenges, potentially affecting the automotive and agricultural industries. Unemployment…