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Comments from a banker this week about South Africa’s unemployment rate had economists debating whether it is really 32.9% or only 10% if the informal sector is included in the data.
The CEO of Capitec, South Africa’s most popular bank by sheer number of customers, Gerrie Fourie is arguing that the country’s real unemployment rate is “probably actually” as low as 10 ...
Might South Africa’s unemployment rate be closer to 10% than 32.9%? That's the suggestion of Capitec CEO Gerrie Fourie, who says that statistics fail to take into account all those who work in ...
As youth unemployment in South Africa reaches 46. 1%, experts warn of systemic exclusion and call for immediate reforms to secure a better future for young people.
South Africa's staggering youth unemployment rate of 62. 4% is not just an economic failure; it exacerbates gender-based violence and mental health crises among young women. A recent study by the ...
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Economists debate the true unemployment rate in South AfricaEconomists argue that South Africa's unemployment rate may be much lower than reported, highlighting the impact of the informal sector and the need for a re-evaluation of current metrics ...
JOHANNESBURG - Statistics South Africa (Stats SA) has pushed back on suggestions that the country’s unemployment rate is overstated after its data was called into question. Capitec Bank CEO ...
The head of South Africa’s statistics agency defended the methodology of his organisation’s unemployment data after the chief of the nation’s top bank by customers said misclassification of ...
A key strategic milestone was the passing of the amendments to the Statistics Act (No 6 of 1999) by the 6th Parliament and the President assenting to the Amendment Act in December 2024, now known as ...
Dem don permanently deny one South Africa politician Julius Malema entry into United Kingdom. UK Home Office tok say dem deem di controversial politician 'non-conducive to di public good', as dem ...
The unemployment rate was 33.3% in 2020 and KPMG estimates this to climb to 40.6% this year. Deep structural issues must be addressed before Nigeria’s economy can deliver prosperity for Nigerians ...
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