Jobs were lost in the formal sector, as well as in trade, construction and private households
Activity-based and experiential learning should be encouraged at school and tertiary institutions so that the academic curricula must align with new realities.
The South African Reserve Bank has warned of an upside risk to the inflation outlook
This is the lowest reading for inflation in South Africa since April 2021
With over 65% of South Africa’s population now living in cities, this shift has altered the landscape and dynamics of food security
Seeking professional financial advice can help mitigate the financial consequences of a separation
With joblessness at a two-year high of 33.5%, more effort is needed to restructure the jobs market
Joblessness increased for the third consecutive quarter, reaching its highest level in two years
Statistics South Africa data released on Wednesday showed that the CPI annual rate was 5.1% in June compared with 5.2% in May
A survey found that residential rental vacancies had dropped to their lowest level since 2016, as buying becomes less attainable
Still-sticky inflation could further delay long-awaited interest rate cuts
The economy did not benefit from the suspended load-shedding initiated in early April
The uptick is a result of more people entering the labour market
The transport and mining industries were the key contributors to fourth quarter GDP growth
A report suggests that government could save R150 billion in wasteful expenditure if it stopped overpaying its contractors
About 3.9 million people in South Africa are beneficiaries of the grant, which is currently at R2 080 per person a month
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks
World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
The business community initially welcomed him. But the past five years have disappointed — and the private sector has only recently been given a turn at the economy’s steering wheel
The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered
South Africa’s economy added 399 000 people to the workforce in the third quarter of 2023
The country’s population now exceeds 62 million people, who are mostly living in formal housing with access to utilities
In the wake of a food affordability crisis, prices at retail level are not controlled and the government is at arm’s length
A pause in the interest rate hiking cycle in July led to an increase in motor trade sales for the month
Retail trade sales decreased for the eighth consecutive month showing that consumers are still cash-strapped
Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa
The country is under pressure to meet the demands of an evolving job market
The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the previous quarter
The inflation rate eased to 4.7%, the lowest since August 2021