Webinar with Associate Prof Gabila Nubong: Navigating Economic Stagnation in South Africa

You are cordially invited to a Webinar with Associate Prof Gabila Nubong,  an esteemed economist and senior lecturer at North-West University.

Topic: Navigating Economic Stagnation in South Africa.

Abstract:

According to Statistics South Africa, the official unemployment rate dropped slightly to 31.9% in the fourth quarter of 2024, down from 32.1%. Despite this small improvement, around 8 million people were still without work by the end of the year. The expanded unemployment rate, which includes discouraged job seekers, remained high at 41.9%.
Youth unemployment, one of the country’s most pressing issues—also dipped slightly, from 45.5% to 44.6%, among those aged 15–34. These numbers show a tiny step in the right direction, but they also make it clear: bold, focused action is urgently needed to grow the economy and create jobs.