JOHANNESBURG - The COVID-19 pandemic has done further damage to South Africa's economy.
The economy has contracted by 51-percent in the second quarter of 2020.
According to Statistics South Africa, nearly all industries experienced a massive drop in output in the second quarter of 2020.
Construction had the biggest drop with the industry slumping further by 76.6-percent.
Manufacturing output shrank by 74.9-percent.
The finance industry, which includes banking, insurance services, real estate and business services, fell by 28.9-percent.
There is good news in the agriculture industry, the industry expanded by 15.1-percent.
This comes after an increase in maize exports, as well as rising international demand for citrus fruits and pecan nuts.
GDP SA's GDP decreased by 51.0% in the second quarter of 2020, owing to the impact of Covid_19 lockdown restrictions since the end of March 200. StatsSA says this was the fourth consecutive decline in quaterly GDP since the second quarter of 2019. Courtesy #DStv403