For South Africans, economic pain hit long before recession
South Africans take part in aprotestto demand the resignation ofPresident Jacob Zuma, on April 7, 2017 in Pretoria. PHOTO | AFP
South Africa's recession took economists by surprise, but for clothing shop owner Hans Setlhabi the gloomy numbers confirmed what he already knew - chronic unemployment and lofty inflation have shattered consumer confidence.
"I wasn't surprised to hear about the recession. I saw that the economy was going down last year," said 38-year old Setlhabi, staring at shelves piled high with clothes offered at discount prices.