Gold price slump affects S Africa economy

Job losses expected in world's largest gold producer, but some say falling prices are needed.

    South Africa is the world's largest producer of gold, but the continent's economic powerhouse is feeling the effects of falling prices.
     
    Job losses are expected, but for some people lower gold prices are just what they need.
     
    Al Jazeera's Haru Mutasa reports from Johannesburg.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why is the West praising Malala, but ignoring Ahed?

    Why is the West praising Malala, but ignoring Ahed?

    Is an empowered Palestinian girl not worthy of Western feminist admiration?

    Inside the world of Chinese bitcoin mining

    Inside the world of Chinese bitcoin mining

    China is one of the main exchange markets and hosts some of the biggest bitcoin 'mining pools' in the world.

    Why some African Americans are moving to Africa

    Escaping systemic racism: Why I quit New York for Accra

    African-Americans are returning to the lands of their ancestors as life becomes precarious and dangerous in the USA.