South Africa's economy is barely growing, hobbled by power cuts last
year, low commodity prices, drought and political ructions that have
unnerved investors.
President Jacob Zuma speaks during the official launch of the eChannel
Pilot Project of the Department of Home Affairs in Midrand,
Johannesburg, April 7, 2016.
South African President Jacob Zuma said on Monday that Africa's most industrialised economy was "weathering the storm" as he unveiled initiatives to accelerate growth include a private and public sector fund for small business.
South
Africa's economy is barely growing, hobbled by power cuts last year,
low commodity prices, drought and political ructions that have unnerved
investors.
Zuma was speaking after receiving a
report from a government-business task team appointed in February to
explore ways to kick-start economic growth.
Tags
World