2016 was full of dramatic political and economic developments across the globe. The Conversation Africa business and economy editor Sibonelo Radebe asked Thanti Mthanti to highlight key events and look at future prospects.
How would you rate and characterise 2016 in economic terms?
It was obviously an extremely difficult year for many countries, including South Africa.
From a South African point of view, the challenges are clearly reflected in a number of key economic indicators. Economic growth has slowed significantly and is projected by the country’s Reserve Bank to be close to zero for 2016. Unemployment reached 27%, the highest rate over the last decade.… Seguir leyendo »