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South African growth slows to 1.3% as unemployment rises

South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015South Africa’s gross domestic product slowed to a disappointing 1.3 percent in the first months of 2015, official data showed Tuesday, as rolling power cuts dampened manufacturing output. The figure announced by Statistics South Africa was sharply below growth of 4.1 percent in the last quarter of 2014 as the country struggles with an electricity crisis and high unemployment. New unemployment figures released on Tuesday were the highest since 2003, underlining the weak economy two decades after the end of the apartheid regime.

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