It's not conclusive but today's data does not rule out an economic contraction in the second quarter and therefore a recession. And there are not only concerns around growth. Unemployment is at its highest level in over a decade. Business confidence is down. The Rand is under pressure. Many state-owned entities are only operating because of government bailouts and credit rating agency Moody's suggested this week that Eskom urgently needs a turnaround plan. Several business groups have raised concern including Business Unity South Africa, BUSA, which said this week it was concerned about some of the developments at Eskom. To discuss we're joined by BUSA President, Sipho Pityana. For more news, visit: sabcnews.com
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