Fear Of Job Losses, Rising Poverty As South Africa Slips Into Recession

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South Africa's new Finance Minister, Malusi Gigaba, has a tough job ahead of him. Since taking office a week ago, the economy has been downgraded to junk by two major ratings agencies. There are now fears of mounting job losses and rising poverty as the country slumps into a recession. Sumitra Nydoo reports.
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South Africa