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Libyan Newswire

South Africa’s “economic challenges” after 20 years of democracy

16 Dec 2014

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Residents in the dark in Johannesburg’s inner-city. © Mujahid Safodien/IRIN

The regular interruptions to electricity supplies in South Africa known as load-shedding are symptomatic of the economic challenges the country faces, according to the International Monetary Fund (IMF).

The agency says that as South Africa celebrates significant progress in its 20 years of democracy it is facing the task of reviving a weak economy.

The IMF has just released a report on the most developed economy in Africa in which it warns that the country needs to address the structural problems that are stifling the economy.

Bruce Edwards discussed these challenges with Laura Papi, IMF Mission Chief for South Africa.

Duration: 4’55”

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