Kaya 959 Kaya Biz

Unemployment drops in SA

Loading player...
South Africa’s unemployment rate has decreased marginally, with the latest data showing that 31.9% of South Africans are unemployed.

According to Stats SA’s Quarterly Labour Force Survey (QLFS), there was an increase of 132,000 in the number of employed persons in South Africa to 17.1 million in Q4 2024.

The number of unemployed persons decreased by 20,000 to 8.0 million, which resulted in an increase of 112,000 (up by 0.4%) in the labour force during the same period.
18 Feb 2025 1PM English South Africa Business News · Investing

Other recent episodes

SARB Hikes Rates to 7%: Economists Debate Inflation, Growth & What Comes Next

The Reserve Bank has raised the repo rate by 25bps to 7% as fuel inflation spikes and global risks intensify. PwC’s Lullu Krugel and Momentum’s Tshiamo Masike join our panel to unpack the split MPC vote, the downgrade to SA’s growth outlook, and the rising threat of imported inflation. We…
29 May 6AM 21 min

Why Burgers Cost 30% More in 2026

Beef inflation has surged nearly 30% year‑on‑year, driven by South Africa’s worst foot‑and‑mouth outbreak in decades. Eighty20’s Andrew Fulton breaks down why burger ingredients are rising faster than inflation, why a Big Mac now costs R70.90, and how consumers are shifting toward cheaper proteins like chicken. We also explore fast‑food…
29 May 6AM 11 min

Life Healthcare H1 Revenue Up 2.4% as Complementary Services Surge

Life Healthcare delivered a resilient first‑half performance, with revenue up 2.4%, EBITDA up 5.2% and operating profit rising 8.4%. CEO Peter Wharton‑Hood joins Kaya Biz to unpack the recovery in hospital occupancy, the strong momentum in complementary services, and the group’s major expansion projects — including new beds, PET‑CT sites…
29 May 6AM 9 min

Climate Insurance for a New Era: SAIA on Index‑Based Cover

As extreme weather events intensify, South Africa is exploring new ways to protect farmers, SMEs and households. SAIA’s Pamela Ramagaga explains how index insurance — or parametric insurance — could offer fast, affordable payouts when climate thresholds are breached. We discuss the Minister of Agriculture’s proposal for a SASRIA‑type scheme,…
27 May 4PM 9 min

SARB’s Next Move: Anchor Capital’s View on Rates, Inflation & Markets

With the SARB’s MPC decision just hours away, Anchor Capital CIO Nolan Wapenaar breaks down what to expect — and why the Bank remains laser‑focused on inflation expectations and credibility. We explore the “higher‑for‑longer” rate environment, the impact on households and businesses, and how investors should position themselves. Nolan also…
27 May 4PM 16 min
All episodes