With joblessness at a two-year high of 33.5%, more effort is needed to restructure the jobs market
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
This content is restricted to registered users and subscribers.
Get Your Free Account
The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member.
Register
Registration enables:
- – M&G newsletters access
- – notifications
- – the best possible experience
Already registered?
Login here
Want to subscribe and get even more benefits?
Explore our subscription offers
A survey found that residential rental vacancies had dropped to their lowest level since 2016, as buying becomes less attainable
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
This content is restricted to registered users and subscribers.
Get Your Free Account
The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member.
Register
Registration enables:
- – M&G newsletters access
- – notifications
- – the best possible experience
Already registered?
Login here
Want to subscribe and get even more benefits?
Explore our subscription offers
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
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
This content is restricted to registered users and subscribers.
Get Your Free Account
The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member.
Register
Registration enables:
- – M&G newsletters access
- – notifications
- – the best possible experience
Already registered?
Login here
Want to subscribe and get even more benefits?
Explore our subscription offers
World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
This content is restricted to registered users and subscribers.
Get Your Free Account
The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member.
Register
Registration enables:
- – M&G newsletters access
- – notifications
- – the best possible experience
Already registered?
Login here
Want to subscribe and get even more benefits?
Explore our subscription offers
The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
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
About 1 000 women in KwaZulu-Natal’s Valley of a Thousand Hills, who have been affected by the ravages of HIV/Aids, will take part in the event
Despite the economy recovering to its pre-pandemic level, South Africa’s jobless rate is still higher than it was at the beginning of 2020
Electricity consumption dropped by 3.2% year-on-year in June, because of plant breakdowns and unscheduled maintenance
The slowdown will probably influence the central bank’s decision on interest rates
Production was dragged down mainly by diamonds and platinum-group metals
Investing in alternative energy results in the middle class cutting out luxuries to pay off debt
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.