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South Africa falls into first recession in a decade | Money Talks

The South African economy has fallen into its first recession in nearly a decade. The latest GDP figures show domestic output declined by 0.7% in the second quarter, which follows a bigger decline in January to March. One of President Cyril Ramaphosa's proposed economic remedies is to tackle deep inequality. Last month, he announced plans to redistribute land from white farmers back to the black majority, without compensation. This week, parliament is reviewing the proposed changes to the Constitution. But as Laila Humairah reports, it is a controversial - and potentially risky - move. For more on South Africa's troubles, we spoke to Thabi Leoka, an independent economist from Johannesburg. #SouthAfrica #recession #economy

Money Talks: South Africa’s ANC elects Cyril Ramaphosa as new leader

Money Talks: South Africa’s ANC elects Cyril Ramaphosa as new leader

South African president addresses lawmakers | Money Talks

South African president addresses lawmakers | Money Talks

Nigerian President visits South Africa after attacks | Money Talks

Nigerian President visits South Africa after attacks | Money Talks

Narendra Modi pushing his 'Look East' policy | Money Talks

Narendra Modi pushing his 'Look East' policy | Money Talks

King Charles vows to strengthen ties between UK and Germany

King Charles vows to strengthen ties between UK and Germany

US journalist detained in Russia on espionage allegations

US journalist detained in Russia on espionage allegations

31 people dead in Philippines after a fire on passenger ferry, more than 200 rescued

31 people dead in Philippines after a fire on passenger ferry, more than 200 rescued

Rapid development of AI technology has sparked numerous debates

Rapid development of AI technology has sparked numerous debates

Beijing threatens to retaliate if McCarthy meets Taiwan leader

Beijing threatens to retaliate if McCarthy meets Taiwan leader

Mesaharatis spread Ramadan joy in Gaza

Mesaharatis spread Ramadan joy in Gaza

Mexican Prosecutor: Migrant deaths investigated as suspected homicides

Mexican Prosecutor: Migrant deaths investigated as suspected homicides

Erdogan: We will extend our diplomatic relations, boost trade with Hungary

Erdogan: We will extend our diplomatic relations, boost trade with Hungary

Russia starts drills with mobile nuclear ballistic missiles

Russia starts drills with mobile nuclear ballistic missiles

Protests resume against Macron's pension reform

Protests resume against Macron's pension reform

Germany's wealth gap widens

Germany's wealth gap widens

Israeli parties discuss justice reforms after Netanyahu U-turn

Israeli parties discuss justice reforms after Netanyahu U-turn

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