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SA’s jobless rate climbs to 11-year high

31/07/2019 - 09:28

SA’s unemployment rate jumped to an 11-year high of 29% in the second quarter of the year, which is likely to make it harder for President Cyril Ramaphosa to fulfill his promise of creating a quarter of a million jobs a year. 

Reducing the unemployment rate and putting the economy on a robust growth path is at the top of the list in Ramaphosa’s reform drive. But there are growing concerns that he might not be able to push through structural changes to address racial disparities in income, housing, and other services as some influential leaders withi... 

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Clover's R4.7bn deal gets Competition Commission nod

22/07/2019 - 10:12

The Competition Commission has approved, with conditions, the R4.8bn sale of branded foods and beverages group Clover Industr...

The 7 factors that will shape SA's economy in 2030

01/02/2019 - 15:31

What will South Africa's economy look like in 10 years' time? ...

Global unemployment at lowest level in almost 40 years

10/12/2018 - 09:32

While global unemployment has fallen to its lowest level in almost 40 years, SA is among four countries with an unemployment ...

Pick n Pay focuses on 15,000 jobs and 4 new initiatives

31/07/2018 - 08:32

While South Africa is not over the worst yet, the country is heading in a distinctly more optimistic direction, says Pick n P...

Pick n Pay creates 14,000 new jobs, plans to create 15,000 more in the next three years

30/07/2018 - 13:22

Despite its recent voluntary severance programme, Pick n Pay created almost 14,000 net new jobs over the past three years and...

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