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Friday, May 16, 2025

Dreams of 3% growth and a million jobs unravel as unemployment soars past 32%

South Africa's ambitious goal to grow its economy by 3% this year and create a million jobs faces significant hurdles.

Nicola Mawson|Published

Thousands more South Africans are unemployed, negating job gains from a year ago

Despite recent job gains, South Africa's unemployment rate has climbed back to 32. 9%.

Nicola Mawson|Published

Boxer Retail creates 3 000 jobs amid store expansion network in South Africa

Boxer Retail has announced the creation of 3,000 new jobs and the opening of 40 new stores in South Africa, exceeding financial forecasts and demonstrating its commitment to community upliftment and customer value.

Edward West|Published

Top 10 most in demand roles in South Africa’s evolving job market

Explore the evolving job market in South Africa as we reveal the top 10 most in-demand roles, including managerial positions and software developers, based on the latest PNET Job Market Trends report

Mthobisi Nozulela|Published

Absa Group Chairman Sello Moloko steps down after challenging year

Absa Group Chairman Sello Moloko announces his resignation effective 15 July 2025, following a tumultuous year for the bank. His successor, René van Wyk, will take the helm amid significant challenges and a leadership vacuum.

Jason Woosey|Published

Potential new jobs are at risk in the solar industry

Could proposed import taxes on renewable energy products jeopardise thousands of jobs in South Africa's solar industry?

Nicola Mawson|Published

Remgro is freezing hiring and offering early retirements at Mediclinic as it shifts towards AI to boost efficiency

As Mediclinic embraces AI, the company introduces a hiring freeze and early retirement offers, raising concerns about its impact on South Africa's job market

Mthobisi Nozulela|Published

Underpaid, often exploited: Union urges Treasury to establish pension fund for domestic workers

The Progressive Domestic Workers Union of South Africa (Prodwusa) is making a powerful case for a pension fund, advocating for the rights and retirement security of domestic workers, a vital yet often overlooked workforce in the country

Mthobisi Nozulela|Published

Clothing sales helps beat the February retail sales blues

Retail sales, overall, contribute 20% to the economy, with the wholesale and retail sectors, specifically, being estimated to be the fourth-largest contributors to the country's GDP.

Nicola Mawson|Published