Global economic crisis and its impact on S.A

A recovery in the U.S has helped to boost the global economy, but uncertainty remains about the strength of the revival and when, and at what pace, the U.S Federal Reserve will hike interest rates. Dovish views from the U.S Federal Reserve on the outlook for interest rates have contributed to the rally in the rand in recent weeks, with the currency strengthening about 17 per cent against the US dollar since its January low of R16.80. Joining CNBC Africa to discuss the outlook for the U.S economy and the implications for South Africa is Geoff Blount, Managing Director of BayHill Capital, and Colen Garrow, Economist at Lefika Securities.