Despite cynical talk of the demise of the middle class, vital moves by the state boost the more frequent good news 🔒
The news is dire: GDP has shrunk to its 2017 size, having grown just 1% annually on average from 2008 to 2019 and contracting 6.4% last year.
Hunger and poverty stalk the land, while SA’s “reserve army” of unemployed in 2021 is 12-million strong, representing 34.4% of the economically active population. The youth are worst affected at almost 75% unemployment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Recovery on the cards at CaxtonOn Monday the publisher of the once iconic Bona magazine said headline earnings per share came in at 75.4c from the previous year’s 21.2c loss 🔒
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WILLIAM GUMEDE: SA in need of a common identity to offset effects of polarisationGrowth, development and societal peace will not come from one group controlling the country at the exclusion of others
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WILLIAM GUMEDE: SA in need of a common identity to offset effects of polarisationGrowth, development and societal peace will not come from one group controlling the country at the exclusion of others
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Abba: who actually likes them? | ArtsIt may have been almost 40 years since their last single, but Abba are now back in the charts with two new songs – I Still Have Faith in You and Don’t Shut Me Down. The new songs form part of a ten-track album that will be released in November.
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Cabinet okays tougher greenhouse emissions targets ahead of COP26Green light for revised climate change mitigation target range comes ahead of COP26 🔒
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Pan African Resources COO Bert van den Bergh shot in attempted robberyThe gold producer wishes Van den Bergh a speedy recovery and says it has plans in place to ensure business continuity
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