South Africa Archive

savings rates, growth, and struggling green shoots

[Skip to the end] So in the US the high savings rate is hurting growth, and in South Africa the low savings rate is hurting growth. Next thing they’ll be saying is economies should not have a savings rate in order to have optimal output and employment… Did I say they don’t ...Read More

South Africa’s Unemployment Rate Increases to 23.5%

[Skip to the end] Good place for the federal government to fund minimum wage jobs for anyone willing and able to work and turn the nation into a model of prosperity overnight. South Africa’s Unemployment Rate Increases to 23.5% by Nasreen Seria and Mike Cohen May 5 (Bloomberg) — South Africa’s unemployment ...Read More