JOHANNESBURG, SOUTH AFRICA (JULY 5, 2017) (REUTERS) – South Africa’s ruling party failed on Wednesday (July 5) to agree a clear plan to get the economy out of recession and tackle near-28 percent unemployment, but risked rattling investors with pledges on nationalising the central bank and expropriating land. Continue reading
Inflation gnaws at the growth in pay of British workers during the three months to February, evidence that households are feeling the strain of rising prices as Brexit negotiations begin.
Despite being discouraged by many, Thembi Sithole ventured into a business widely dominated by men. She runs a shop in South Africa that fixes and refurbishes vehicles. Thembi – defying worrying unemployment trends in the country, has secured a regular customer base and won the trust of some of the top motor companies in the industry.
Thousands of young people in Ghana’s capital make a living doing internet romance scams, the only way, they say, to earn decent money given sky-high unemployment levels. Their desperation is evidence of the challenge facing politicians who, ahead of a presidential election on December 7, are telling voters that job creation is a top priority.
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