Strikes push up South Africas external payments deficit - Johannesburg AFP - South Africas current account deficit jumped to 6.2 percent of output in the second quarter, on the back of prolonged strikes and declining export volumes, the central bank said on Tuesday.The bank said that inward investment helped to offset slightly the damage to exports arising from a five-month strike in the platinum mines and a fall in production in the automotive se ... ow.ly/2NcwwN
Posted on: Tue, 09 Sep 2014 12:02:27 +0000