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BBCNEWS Business Briefing December 18, 2017

But whoever wins faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made it worse. Under his leadership, which has been defined by corruption and the weakening of the countrys institutions, south africa has endured two economic recessions in less than a decade. Unemployment stands at a whopping 27. 7 , the growth forecast for this year isjust 0. 7 , and Government Debt is more than two trillion rand. The dire state of the economy and its level of debt have led s p and fitch to cut sas Credit Rating to junk, while moodys is keeping it just above junk status, but on review. At the conference president zuma was bowing out gracefully. The fact that you ....

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Stop clinging to decaying state firms - The Standard

Stop clinging to decaying state firms - The Standard
thestandard.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.co.zw Daily Mail and Mail on Sunday newspapers.

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