That number [contraction in mining] does not shock at all.— Lumkile Mondi
The economy shrunk by 1.2% in the first quarter of 2016, according to Statistics South Africa.
The Money Show’s Bruce Whitfield interviewed Lumkile Mondi, Senior Lecturer at the School of Economics and Business Science of the University of the Witwatersrand.
Scroll down for quotes from the audio below.
The mining sector remains a huge problem.— Lumkile Mondi
The mining sector is still a very big exporting sector for us.— Lumkile Mondi
In December South Africans stood up and said, ‘We’re not going to take this nonsense!’— Lumkile Mondi
We have robust institutions!— Lumkile Mondi
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