What Are The World's Most 'Miserable Economies'? http://www.seeker.com/what-are-the-worlds-most-miserable-economies-1854742059.html Subscribe! http://bitly.com/1iLOHml While the nation...
========== South Africa’s economy has been ranked as
one of the world’s most miserable, with soaring public debt and a quarter of the workforce
unemployed. To combat this, President Jacob Zuma and his administration have promised
austerity measures. Yet Zuma himself has spent more than $20 million dollars of state funds
for upgrades to his home, which included a pool, a chicken coop and an amphitheatre.
And, in May 2016, it was revealed that the state had spent roughly $550 thousand dollars
on cars for Zuma’s four wives. So, we wanted to know, just how corrupt is South Africa? Well, South Africa actually has a strict legal
framework that is tough on corruption, with bribery, extortion, fraud and money laundering,
all considered criminal offences. However these laws of...