The Economy of South Africa

The Economy of South Africa

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Did China Just Drop The Ball On Global Dominance?

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

A Short Story About Why You Cannot Buy A House

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

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Nigeria's most well-known economist Tony Elumelu tells us why Africa needs to rethink it's relationship with business. He explains "Africapitalism", the idea that the private sector can transform Africa's economy and society for the better. He also discusses a number problems slo ...  Show more

Why is unemployment so high in South Africa?
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South Africa’s unemployment rate has hit a record high: it’s now 34.4%, which means about 7.8 million people are currently without a job. Young South Africans - especially young graduates - have been hit the hardest. So, how did things get so out of hand? And is the pandemic sole ...  Show more

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