South Africa's official unemployment rate increased to 25.5% in the third quarter of 2015, the International Monetary Fund has cut the growth forecast to 1.4% and business confidence is at the lowest level in 22 years. In this episode of finweek Money Matters, experts discuss what needs to be fixed to turn around South Africa's economy. Guests Xhanti Payi, lead economist and researcher at Nascence Research Insight and Steven Meintjes, analyst at Momentum Sp Reid, share their views. finweek Money Matters is a weekly programme aired every Friday 13:00 CAT on CNBC Africa (DSTV Channel 410). The programme focuses on trends, investment analysis and economic debates.
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