South Africa’s job crisis deepens amid rising costs and tariffs

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Video Summary

South Africa’s unemployment crisis is worsening as rising energy costs, sluggish growth, and export tariffs weigh on industries. Companies like Glencore, ArcelorMittal, and Ford SA all recently announced layoffs. The economic uncertainty poses fresh challenges for the country’s youth and manufacturing sector.

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Topics covered: Africa, News, CGTN Africa

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Doing business in Africa or the Middle East today with Rahizi!

Do you have an entrepreneurial project for Africa or the Middle East and need to create your company online from home? Fill in this form!

if you have no idea, leave blank.

Check this box if you have already established your company in one of the countries on the list

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