Tag: EconomicImpact
Geopolitics drives “unseen tax” on household finances
While global geopolitical tensions may feel distant, their financial impact is hitting South Africans closer to home than many realise. From rising fuel prices to mounting inflationary pressure, experts warn consumers about what many now describe as the “unseen tax” on everyday living. In fact, geopolitics drives “unseen tax” in ways that quietly shape household expenses.
Fuel rationing looms in SA and Iran too is “unbanned”
Escalating geopolitical tensions are reshaping global energy dynamics, and fuel rationing looms as both a local and international concern. The discussion in the video below centres on the growing risk of fuel instability in South Africa, set against a rapidly shifting global oil landscape influenced by conflict in the Middle East and changing policy decisions around Iran’s oil exports.
Skills development matters – bridging training with job opportunities
The latest Quarterly Labour Force Survey (QLFS) from Stats SA shows South Africa’s unemployment rate increased by 1.7% from Q1 of 2025. It now stands at 33.2% for Q2. This may not seem like a large jump, but it translates to 140,000 people. Even a slight rise in unemployment, therefore, has a real impact.
