Durban’s growth badly hit

2008-06-12 00:00

In what is undoubtedly a tale of two halves, the tougher trading and general economic environment spread to Durban during the second half of 2007, in contrast to the strong growth in economic activity recorded during the first half of last year.

Apart from a strong festive season, the retail sector hobbled along for lengthy periods during the second half of 2007, weighed down by an ongoing consumer-side slowdown.

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