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Big drop in construction jobs fuel formal employment losses

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Statistics South Africa (Stats SA) reported on May 14th that South Africa’s unemployment rate increased from 27.1% of the labour force in the fourth quarter of 2018 to 27.6% during the first quarter of 2019.

Tourism from BRICs building SA economy

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The BRIC (Brazil, Russia, India and China) nations have made significant inroads in South Africa’s tourism industry, which in turn has also generated business and economic growth.

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