By Al Jazeera
The South African economy only grew 1.5 percent last year – its slowest pace since 2009. One factor was the labour strikes in the mining sector, which is very important to the economy, but more recently power cuts have become a big problem.
So how will this impact South Africa’s National Development Plan, which is looking to spend $72bn over the next three years on infrastructure?
Ben Kruger, the co-chief executive of Standard Bank, joins Counting the Cost from Johannesburg to talk about the state of the South African economy.
Source:: Al Jazeera