SA economy needs to keep pushing
South Africa’s economy will have to ramp-up activity in order to achieve the growth forecast of 4.2 percent in 2021 as Covid-19 continued to impact growth.
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South Africa’s economy will have to ramp-up activity in order to achieve the growth forecast of 4.2 percent in 2021 as Covid-19 continued to impact growth.
By Reuters Staff (Adds more details) PRETORIA, June 1 (Reuters) - South Africa’s unemployment rate rose to a new record high of 32.6% in the first quarter of 2021 from 32.5% in the final quarter of 2020, the statistics agency said on Tuesday. The rate was the highest since the quarterly labour force survey began in 2008. Statistics South Africa put the number of unemployed at 7.242 million people in the three months to the end of March, up from 7.233 million people in the previous three months. Africa’s most industrialised economy has long suffered from extremely high levels of unemployme...
This is the highest unemployment rate recorded since the start of the QLFS in 2008. Thuletho Zwane reports.
Stats SA begins registration for its census dress rehearsal Share Cape Town - Statistics SA has begun registration for its pilot census in selected areas across the country, including a number of areas in the Western Cape, to prepare for the upcoming national census. Statistician General Risenga Maluleke said in a statement on the Stats SA website that the registration for households/institutions to be counted in the pilot census will run until June 30. “While the date for the main census will be announced in due course, the pilot census is a dress rehearsal during which all systems and pro...
Consumer price inflation (CPI) has hit a 14-month high, rising to 4.4% last month from 3.2% in March, Statistics SA reported on Wednesday. This is the highest reading since the lockdown was implemented more than a year ago. Statistician-General Risenga Maluleke said the main contributors to the rise were food and non-alcoholic beverages, housing and utilities, transport and miscellaneous goods and services. “Food and non-alcoholic beverages increased by 6.3% year-on-year, and contributed 1.1 percentage points, the highest it has been in 45 months. Annual meat inflation accelerated to 7.1% l...