South Africa’s unemployment crisis surpasses even Great Depression levels. With 12 million seeking work and a 43.7% rate, the situation demands urgent attention.
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R1,000 grocery budget can barely feed one child a nutritious diet for a month, report shows
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"No DNA, just RSA": SA beats Kenya to become Africa’s most competitive economy in 2026 IMD rankings
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JustMarkets Great Anniversary Contest is LIVE: $50K+ in Prizes & Gold Bars for Top Traders
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My Beauty Expo 2026 Launches Pan-African Vision at Official Media Briefing in Sandton
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How the Israel-Iran war is hitting South Africans in the pocket
Economy Latest News
Oil drops further after OPEC delay as Asian stocks struggle
Oil extended losses Thursday after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities struggled after two US reports dented recent euphoria over the future of interest rates. Our expectation is that policy rates have peaked."
UK budget seeks to 'turbocharge' growth
Britain's Conservative government was set to unveil Wednesday a budget update that aims to "turbocharge" the economy and is a vital part of its efforts to woo voters as it lags in polls before next year's expected election.
Markets dip as Fed minutes suggest rates to stay higher for longer
Asian markets drifted Wednesday as traders tracked a tepid lead from Wall Street following meeting minutes showing Federal Reserve officials were inclined to keep interest rates elevated for "some time" in order to slay inflation.
Deal deluge: Black Friday kicks off US holiday shopping season
Once again, US retailers are gearing up for "Black Friday," the annual shopping extravaganza that kicks off the holiday gift-giving season with price discounts and chaotic crowds. While the actual Black Friday period remains crucial, stores have actually been offering deals for weeks marketing Black Friday sales earlier and earlier in October.
Binance to pay billions in US in money laundering case, CEO resigns
Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering charges, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
US Fed expects interest rates to stay high 'for some time': minutes
All members of the US Federal Reserve's powerful rate-setting committee judged earlier this month that it would be appropriate to keep interest rates high "for some time" in order to tackle inflation, minutes of the meeting released Tuesday show.
Hundreds of thousands of civil servants go on strike in Quebec
Several hundred thousand school, hospital and social services workers in Canada's Quebec province walked off their jobs Tuesday for the first day of what is billed as a historic strike to demand better pay and working conditions.
Argentina's Milei may find an unexpected friend in the IMF
What will the relationship be like between Javier Milei, Argentina's new self-described "anarcho-capitalist" president, and the IMF, with which the Latin American country has an ongoing $44 billion loan agreement?
Argentine markets react with optimism to Milei election
Argentina's stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described "anarcho-capitalist" will bring.
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