Tags : unemployment

Breaking News

Unemployment data dents rallying rand

The rand lost steam yesterday and retreated 4c to R13.76 against a softer dollar yesterday by 5pm as data showed that South Africa’s unemployment rate hit a new record 13-year high in the first quarter, having touched a near 2-year high of R13.69 earlier in the day. Risk appetite continued to bolster the local unit, […]

Business

Outlook for Zimbabwe remains negative

The African Development Bank (AFDB) says outlook for Zimbabwe remains clouded with challenges as the industrial and mining sectors are faced with reduced competitiveness, low commodity prices, and interruptions in electrical service that disrupt output in 2021. Read more.