Mauritian economy contracts 2% in Q1 on COVID-19 headwinds

Mauritius released its first quarter GDP numbers today, reporting a 2 per cent year on year contraction in economic activity. The weak performance in the first quarter was driven largely by contractions in agriculture, construction and wholesale and retail trade sectors. Botswana and South Africa also release GDP data this week and joining CNBC Africa for more is Ridle Markus, Africa Strategist at ABSA Corporate and Investment Banking.

Mon Jun 29 2020 | 11:31:34 GMT+0000 (Coordinated Universal Time)


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.