SA in top 5 for 'misery'

05 February 2016 - 02:59
By Bloomberg

South Africa has cracked a top-five ranking in the world. The bad news is that it is for the world's "unhappiest economies".The good news is that SA is not No1 in news agency Bloomberg's "misery index". That dubious honour goes to Venezuela, which retains the title it acquired in 2015.With no end in sight to Venezuela's economic woes - estimates in Bloomberg surveys predict consumer price growth of 152% and joblessness averaging 7.

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