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For South Africans, economic pain hit long before recession

13 June 2017 By admin

For South Africans, economic pain hit long before recession:

For South Africans, economic pain hit long before recession:

JOHANNESBURG, June 12 South Africa's recession took economists by surprise, but for clothing shop owner Hans Setlhabi the gloomy numbers confirmed what he already knew – chronic unemployment and lofty inflation have shattered consumer confidence. “I wasn't surprised to hear about the recession.

S. Africa ANC Military Vets Wing Backs Dlamini-Zuma, Times Says:

The military-veterans wing of South Africa's ruling party endorsed Nkosazana Dlamini-Zuma to take over the leadership of the African National Congress in December, the Johannesburg-based Times newspaper reported. The ANC will elect new leaders in December.

UPDATE 1-Sibanye Gold say S.Africa wildcat strike continues, 138 arrested:

FILE PHOTO: A sign board is seen near the Sibanye gold mine in Westonaria, west of Johannesburg, South Africa, April 6, 2016. A wildcat strike at Sibanye Gold's Cooke operations west of Johannesburg continued on Sunday and 138 illegal miners there have been arrested since the stoppage began Tuesday, a company spokesman said.

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Filed Under: Johannesburg Tagged With: Africans, before, Economic, long, Pain, recession, South

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