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Slow in S Africa economy upsets small business

2012-05-27 5 Dailymotion

South Africa is an emerging economy that has thus far managed to weather the financial crisis gripping most of the developed world.<br /><br />But high unemployment and rising commodity prices are a growing problem for the country's people.<br /><br />While big business is well established in South Africa, times are tough for small stores and independent entrepreneurs.<br /><br />The International Monetary Fund also recently predicted just 2.7 per cent growth in South Africa's economy this year, while three ratings agencies downgraded its economic outlook from stable to negative.<br /><br />Al Jazeera's Tania Page reports from Cape Town.

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