South Africa heading for disaster
South Africa is facing a fiscal disaster due to its rising debt burden and poor economic policy resulting in stagnant economic growth.
South Africa is facing a fiscal disaster due to its rising debt burden and poor economic policy resulting in stagnant economic growth.
Load-shedding, the controlled power outages in South Africa, is having a more severe impact on the economy than officially estimated, according to Kevin Lings, chief economist at Stanlib.