economy
January 27, 2026
Unemployment and poverty declining in South Africa
South African President Cyril Ramaphosa has said his country saw a steady reduction in unemployment over the last months of 2025
TL;DR
- South Africa's economy shows signs of recovery with declining unemployment and poverty.
- Encouraging indicators include four consecutive quarters of economic growth, low inflation, and rising investor confidence.
- President Ramaphosa stressed the need for expanded investment to ensure sustained economic growth.
- Recommendations include boosting public infrastructure spending and lowering the cost of doing business.
- Critical reforms in electricity, logistics, and water are essential for sustaining the recovery.
- Strengthening state-owned enterprises and expanding public-private partnerships are also highlighted.
- Over R1 trillion has been committed for infrastructure projects over the next three years.
- A call to action urges government and social partners to translate economic growth into tangible benefits.
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