Overview of Unemployment in South Africa Unemployment in South Africa continues to be a significant issue, particularly among the youth. Recent reports highlight the high unemployment rates, with 56.4 percent of the country’s youth aged 15–24 struggling to find work. The situation underscores the need for effective solutions from both the government and the business […]
Unemployment Rate Surge South Africa’s unemployment rate rose to 32.1% in the last quarter of 2023, up from 31.9%. This increase resulted in an additional 46,000 people becoming unemployed, bringing the total to 7.9 million jobless working-age individuals. Key sectors hit by this increase include: These industries failed to provide sufficient employment opportunities, diverging from […]
Johannesburg is embarking on a transformative journey that intertwines environmental stewardship with socio-economic upliftment. This narrative unfolds within the city as it redefines its relationship with nature and its citizens. As we explore green job creation, emissions reduction, and sustainable urban development, a comprehensive picture emerges—one that positions Johannesburg as a city in transition, aiming […]
Impact of US Monetary Policy on Rand The relationship between US monetary policy and the value of the South African rand is a notable example of how international financial mechanisms can influence national economies, especially those classified as emerging markets. When the United States Federal Reserve adjusts interest rates, it impacts the global economy, including […]
The South African Post Office (SAPO) has announced the closure of 235 branches nationwide as part of its business rescue process. This move indicates financial and operational challenges within the entity, with implications for employees facing retrenchment and many South Africans who rely on these services. The article explores these dimensions, focusing on the impact […]
South Africa stands at the forefront of a significant shift, propelled by the rapid advancement of artificial intelligence (AI) in the business realm. This evolution is reshaping industries, creating a robust demand for AI specialists and professionals who can harness this technology’s potential. As we explore the implications of this trend, it becomes clear that […]
The landscape of the South African job market presents a picture that is both complex and evolving. This narrative seeks to shed light on the current state and future prospects of employment in the region, taking into account the various sectors that are showing promise amidst challenges. The focus is on understanding how different industries […]
The farming industry in South Africa is experiencing a period of rapid growth and expansion, with a growing demand for skilled workers to help meet the needs of the industry. This has led to a booming job market for those looking to work in the farming sector, with a range of exciting and rewarding opportunities […]
The South African government is planning to put a cap on the number of foreign nationals a business or company can hire. This is primarily due to the rising rate of unemployment as a fallout of the pandemic. Moreover, with the issue of the employment of foreign nationals featuring as a part of the popular […]
According to recent statistics, South Africa is emerging as one of the most promising consumer markets globally. With big shots like Google (US) and PepsiCo investing several million, this picturesque African nation is all set to enter the big league as a favorite destination for foreign investors. Additionally, in 2021, Ford also announced a highly […]