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SA trade deficit shrinks in August
South Africa’s monthly trade deficit shrunk to R5,12-billion in August, largely due to a big fall in oil imports, official data showed on Tuesday.
South Africa’s monthly trade deficit shrunk to R5,12-billion in August, largely due to a big fall in oil imports, official data showed on Tuesday.
Turmoil in global financial markets makes it difficult for South Africa to finance its current account deficit, Treasury director general Lesetja Kganyago said on Tuesday.