Unemployment Epidemic
The economy shed 345,000 jobs in Q1 2026, pushing official unemployment to 32.7% — 8.1 million people — and the expanded rate to 43.7%. The numbers behind the crisis, and where the pressure is worst.
Growth, inflation, jobs, the Reserve Bank and the forces shaping South Africa’s economy.
The economy shed 345,000 jobs in Q1 2026, pushing official unemployment to 32.7% — 8.1 million people — and the expanded rate to 43.7%. The numbers behind the crisis, and where the pressure is worst.
South Africa shipped 2.9 million tonnes of citrus in 2025 — overtaking Spain as the world's largest exporter by volume. How agriculture quietly became one of SA's export heavyweights.
The MPC voted 3–2 to hold the repo rate at 7.25% — a third straight hold, fully priced in. Hawkish language, neutral substance: what Kganyago's wording signals about cuts.