Can South Africans get the green light to cross the road to prosperity? This week's economic signals gave a mixed bag of promises.
Can South Africans cross the road to prosperity? This week's economic signals gave a mixed bag of promises.
This week brought a mixed picture: economic activity showed signs of recovery, but unemployment rose to 33.6%, manufacturing and mining remained under pressure, and economists warned that stronger growth is still needed to shift the employment needle.
South Africa’s economic news therefore offered something unusual: a little hope, alongside plenty of evidence that the country’s biggest problems remain stubbornly difficult.
The headline number was unemployment.
