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Watch: Economists cautiously welcome GDP reading

Krutham MD Peter Attard Montalto joins Tumisang Ndlovu on Newzroom Afrika to discuss the GDP reading.

“This (Q1 GDP growth of 0.1%) is far too weak to allow for meaningful employment growth that can make a dent in unemployment. Investment is moving in the wrong direction. Investment as a share of GDP is actually falling, rather than rising as government would like it to. So yes, in a very difficult world, this may be better than it otherwise could be, but this is certainly not the kind of growth the country particularly needs. The recovery ultimately remains exceptionally uneven,” says Attard Montalto.Watch the full clip below.