Capitec CEO: Rethinking SA’s true unemployment picture.

Loading player...
Capitec CEO Gerrie Fourie makes the case that South Africa’s real unemployment rate could be closer to 10% not 32.9% if we properly accounted for the country’s informal economy. With 24 million clients and access to trillions of data points, Fourie argues that the vibrant township economy, full of self-employed and informal entrepreneurs, is being overlooked in national statistics.
18 Jun 2PM English South Africa Business News · Investing

Other recent episodes

African air travel is booming — but the airlines themselves aren’t.

GUEST – Phuthego Mojapele – Aviation Analyst Despite passenger numbers rising faster than the global average, African carriers are still trapped in a low-profit, high-cost cycle that threatens the sector’s future. Why is the continent experiencing growth without gain? In this episode, we unpack the paradox with aviation analyst, who…
11 Dec 2PM 10 min

INSIDE YOUR BUSINESS: Anglo-Teck Merger: What SA Stands to Lose.

Guest: Duma Gqubule – Adviser on Economic Development and Transformation As Anglo American pushes ahead with a $60bn merger with Canada’s Teck Resources, South Africa could be on the verge of losing one of its most historic and economically significant mining giants. Duma Gqubule unpacks why the Anglo-Teck deal is…
10 Dec 2PM 15 min