Weak economic growth, pressure on manufacturing and rising unemployment continue to weigh on South Africa, although July payment data points to some resilience in the economy.

South Africa’s economic activity bounced back in July, offering a small sign of resilience despite continued weakness in the jobs market.

South Africa’s unemployment rate has climbed to 33.6%, with job losses in key sectors raising concerns over weak economic growth, declining investment and the country’s ability to…

Weak economic growth, pressure on manufacturing and rising unemployment continue to weigh on South Africa, although July payment data points to some resilience in the economy.