Tag: EconomicGrowth

We know where the jobs are, and we know our young people are eager to work. So why aren’t we connecting the dots? South Africa has 200,000 agricultural jobs waiting to be filled. We also have a thriving Business Process Outsourcing (BPO) sector. This sector includes call centres, customer service, data processing and back-office administration. It can absorb entry-level workers at scale.

Two remarkable economic turnarounds demonstrate what becomes possible when countries support the right sectors, develop relevant skills and strengthen cooperation between government and business. We exist to create genuine and lasting economic opportunities for young South Africans. We constantly evaluate where we invest, what we support and why those decisions matter.

April’s Financial Literacy Month provides an opportunity to reflect on progress. It also highlights where the next phase of financial inclusion must focus. While access remains foundational, the real challenge lies in outcomes. Specifically, credit must deliver sustainable and positive results for consumers. Over the past decade, South Africa has expanded access to financial services. This progress has strengthened financial inclusion across the country.

Highlighting Commitment that Transcends Mere Compliance – An Enduring Dedication to Meaningful Economic Transformation in South Africa. Samsung has reaffirmed its commitment to South Africa’s transformation agenda. It has maintained its Level 1 B-BBEE (Broad-Based Black Economic Empowerment) rating for the eighth consecutive year. This achievement reflects a consistently high standard of transformation performance.

There's a peculiar kind of blindness that sets in when a constraint disappears. You keep solving for it anyway. You build institutions around it, develop disciplines to manage it, hire people whose entire expertise is navigating it. The constraint becomes invisible and not because it's gone, but because it's been so thoroughly baked into how you operate that questioning it feels like questioning gravity.

Africa’s economic outlook remains resilient. However, geopolitical tensions and global trade uncertainty continue to create headwinds. Despite these pressures, the continent continues meeting Africa’s growing demand across key sectors. According to the African Development Bank, real GDP growth is projected at 4.3% in 2026. This reflects an increase from 4.2% in 2025 and 3.1% in 2024. Improving macroeconomic stability supports this growth.

Ahead lies a massive and complex energy infrastructure rollout to repair and expand transmission and distribution systems. Both the state and the private sector are deploying historic levels of capital. Soon, thousands of technicians and workers will move to deliver this vision. However, I worry that we are not as prepared to support them as we are to meet budget requirements within this energy infrastructure rollout.

Zambia’s mining sector is once again in the global spotlight. The Lumwana Mine stands at the forefront of the country’s renewed push to expand copper production and drive economic growth. This momentum reflects the broader Zambia mining expansion strategy.

For many people, the word credit evokes negative feelings because they associate it with debt risk. However, when we analyse its macroeconomic role, we must draw a clear distinction. We must distinguish between lending for general consumption and lending for a specific, productive purpose. The first approach remains broad and unfocused. As a result, it often produces the burdensome outcomes that fuel fear. The second approach offers a more responsible alternative.

South Africa’s 2026 National Budget has delivered targeted SME relief for small and medium-sized enterprises (SMEs). This includes a significant increase in the Value Added Tax (VAT) registration threshold. It also introduces enhanced capital gains tax exemptions for qualifying business owners.