Home » News » South Africa GDP tanked as much as 53% in Q2: economists South Africa GDP tanked as much as 53% in Q2: economists Leave a Comment / News / By InterWeb SA / August 21, 2020 August 21, 2020 Economists forecast that South Africa’s economy is likely to grow strongly in the third quarter of 2020 after the coronavirus pandemic caused a major contraction in Q2 2020.