AGP Executive Report
Last update: 12 hours agoCoalition Politics: The ANC remains South Africa’s biggest party but its 30.76% vote share is its worst-ever result. With many councils hung, coalition talks are under way; in KwaZulu-Natal, 34 of 44 councils need deals, and the MK Party leads the provincial vote. Jobs: Unemployment rose to 33.7% in the third quarter, with 8.6 million people jobless. Employment grew by 101,000, but nearly as many people joined the ranks of the unemployed. Infrastructure and Trade: South Africa’s R1-trillion infrastructure drive faces skills shortages and weak maintenance, while loss of AGOA trade benefits raises concern for exporters and jobs. Western Cape: Wesgro says provincial investment reached R21.8 billion, and Cape Town is set for a new international cultural festival, GastroBeats.
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