Ben Kruger on South Africa’s economic woes


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—Ben-kruger.mp4?videoId=4098379644001

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