South Africa's Economic Challenges

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New South African President Cyril Ramaphosa will have his work cut out for him, with low economic growth being a challenge. Maike Currie, Investment Director from Fidelity International, says South Africa's growth, of below 2% per year, is low for an emerging market economy, where most investors would expect 4.9%. The nation has good companies and can restore growth, however, she says. Presenter Ed Butler also talks to Stuart Culverhouse, global head of research for the emerging markets investment bank, Exotix Capital; Kaizer Nyatsumba, chief executive officer at the country's Steel and Engineering Industries Federation; and Servaas van der Berg, Professor of Economics and South African Research Chair in the Economics of Social Policy at the University of Stellenbosch. (Picture: South Africa's new president Cyril Ramaphosa reacts as he is sworn into office after being elected by the Members of Parliament at the Parliament in Cape Town. Credit: AFP/Getty Images)