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Review of the SA economy and the upcoming municipal elections
Let us start with the numbers that do not make it into the investor roadshow presentations. South Africa’s official unemployment rate reached 33.6% in the second quarter of 2026 – its highest level since August 2022 – with 8.5 million not having a job. The expanded definition, which includes discouraged job-seekers, puts the real figure at 43.8% of the labour force. 6 Oct 2026 Read more

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