As the world commemorates Workers' day today, South Africa is faced with serious economic challenges, including a high unemployment rate sitting at 32.9% and slow economic growth, with projections for 2026 at only two percent.

This year's  Workers' Day theme is under the banner, "Ensuring a Healthy Psychosocial Working Environment," focusing on mental health, workplace safety, and social justice."

Thuto Ngobeni has the report.

As the world commemorates Workers' day today, South Africa is faced with serious economic challenges, including a high unemployment rate sitting at 32.9% and slow economic growth, with projections for 2026 at only two percent.
This year's &nbsp;Workers' Day theme is under the banner, "Ensuring a Healthy Psychosocial Working Environment," focusing on mental health, workplace safety, and social justice."
Thuto Ngobeni has the report.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

As the world commemorates Workers' day SA youth lament high unemployment rate

China has removed tariffs for all African countries, with the exception of Eswatini, which continues to maintain diplomatic ties with Taiwan.

The Zero-tariff access to the Chinese market officially comes into effect today, offering South African firms a potentially significant new export opportunity and a gateway to expanded trade. But key questions remain about the real impact - to what extent will China's zero-tariff policy benefit South Africa's economy, and is it enough to justify current expectations?

Channel Africa's economics reporter, Innocent Semosa, has more.

China has removed tariffs for all African countries, with the exception of Eswatini, which continues to maintain diplomatic ties with Taiwan.
The Zero-tariff access to the Chinese market officially comes into effect today, offering South African firms a potentially significant new export opportunity and a gateway to expanded trade. But key questions remain about the real impact - to what extent will China's zero-tariff policy benefit South Africa's economy, and is it enough to justify current expectations?
Channel Africa's economics reporter, Innocent Semosa, has more.

China grants Africa zero-tariff access to all Africa countries

Joining Thami Ngubeni this Friday to take a look at the top business and economic stories making headlines across the African continent, on the Business Round?Up is Victor Kgomoeswana, author of Africa Is Open for Business and Africa Bounces Back, and Executive Director for Marketing and Communication at the University of Limpopo.

Talking Points:

-South Africa's first zero tariff export of apples to China marks a symbolic shift toward deeper China / Africa trade integration, potentially opening the door for more competitive African agricultural exports into one of the world's largest consumer markets,
-Botswana's rate hike to 5.5%, the first in Africa since the Iran war signals how sharply the global energy shock is feeding into domestic inflation, forcing early and aggressive monetary tightening,
-Glencore's outlook underscores that cobalt supply from the Democratic Republic of Congo is now tightly managed through quotas, raising uncertainty over whether price stability or further volatility will define the market through 2026,
-KoBold Metals has begun building a $2.3 billion copper mine in Zambia, aiming to fast-track production to meet rising global demand for critical minerals despite technical and cost challenges.

Joining Thami Ngubeni this Friday to take a look at the top business and economic stories making headlines across the African continent, on the Business Round?Up is Victor Kgomoeswana, author of Africa Is Open for Business and Africa Bounces Back, and Executive Director for Marketing and Communication at the University of Limpopo.
Talking Points:
-South Africa's first zero tariff export of apples to China marks a symbolic shift toward deeper China / Africa trade integration, potentially opening the door for more competitive African agricultural exports into one of the world's largest consumer markets, -Botswana's rate hike to 5.5%, the first in Africa since the Iran war signals how sharply the global energy shock is feeding into domestic inflation, forcing early and aggressive monetary tightening, -Glencore's outlook underscores that cobalt supply from the Democratic Republic of Congo is now tightly managed through quotas, raising uncertainty over whether price stability or further volatility will define the market through 2026, -KoBold Metals has begun building a $2.3 billion copper mine in Zambia, aiming to fast-track production to meet rising global demand for critical minerals despite technical and cost challenges.

Africa Business Round Up with Victor Kgomoeswana, author of Africa Is Open for Business and Africa Bounces Back

According to new analysis by The International Trade Union Confederation (ITUC) and Oxfam, there is a widening gap between boardroom pay and worker earnings with new data revealing sharp inequalities across the global economy.

The assessment covered the top-paying 1,500 corporations across 33 countries which have reported CEO pay for 2025, revealing that CEO's at the world's largest companies saw their pay rise sharply last year, while most workers experienced little to no real wage growth. The findings emphasise  how corporate profits and productivity gains are increasingly concentrated at the top.

Joining us now to unpack this is Daniel Kostzer is a Chief Economist at the International Trade Union Confederation (ITUC).

According to new analysis by The International Trade Union Confederation (ITUC) and Oxfam, there is a widening gap between boardroom pay and worker earnings with new data revealing sharp inequalities across the global economy.
The assessment covered the top-paying 1,500 corporations across 33 countries which have reported CEO pay for 2025, revealing that CEO's at the world's largest companies saw their pay rise sharply last year, while most workers experienced little to no real wage growth. The findings emphasise &nbsp;how corporate profits and productivity gains are increasingly concentrated at the top.
Joining us now to unpack this is Daniel Kostzer is a Chief Economist at the International Trade Union Confederation (ITUC).

As the world commemorates Workers' day SA youth lament high unemployment rate

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