The unemployment rate eases, but South Africans still suffer

There is good news after Statistics SA announced that the official unemployment rate declined further to 32.7% in the fourth quarter of 2022 from 32.9% in the third. This was despite record levels of load shedding, which was implemented during more than 200 days in 2022. Unemployment hit a record high of 35.3% in the […]

Create a budget and stick to it as petrol price soars, economists predict a rise in food prices as well

By Ashley Lechman The cauldron of debt and economic worries has just had a new ingredient added for South African consumers as March welcomed a massive fuel price hike. As load shedding continues to have a detrimental effect on the economy, South Africans entered 2023 in darkness thanks to the rolling power cuts, contended with […]