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South African Rand

South African rand flat as investors await GDP data

South Africa’s rand traded sideways on Monday, with investors holding fire ahead of second quarter economic growth figures that could help gauge the future direction for the currency.
Statistics South Africa

South Africa’s unemployment rate hits 29 percent

South Africa’s unemployment rate in Q2 2019 grew by 1.4% to 29%, Statistics South Africa said on Tuesday. The figure is the highest unemployment rate in the country in more than a decade. The highest level was 29,3% in March 2003
Statistics South Africa

South Africa’s unemployment rate rises to 27.6%

South Africa’s unemployment rate rose to 27.6 per cent in the first quarter from 27.1 per cent in the last quarter of 2018, official data showed on Tuesday.

South Africa recorded 1.5 million household crime

More than 1.5 million incidences of household crime recorded in South Africa in 2017/18 period, an increase of five per cent compared to the previous year, the Victims of Crime Survey (VOCS) said on Thursday.

Nigeria, South Africa exit recession in Q2

Nigeria and South Africa have both exited recession, notching up economic growth of 0.6 percent and 2.5 percent respectively in the second quarter, official data showed on Tuesday.

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[FILES] This aerial picture shows smouldering peatland after a fire blaize. (Photo by ADEK BERRY - AFP)

Gabon to be first African nation paid to fight deforestation

Gabon will become the first African country paid with international funds to preserve its forests in an effort to fight climate change, the United Nations said Sunday.
Ogun state governor Prince Dapo Abiodun has tweeted his real official portrait, as against the image that is being circulated by street traders in Abeokuta, the capital.

Ogun may establish two additional universities

The Ogun State Government has revealed that it may establish two additional universities to address the agitation of the people of the Central and Western Senatorial districts respectively.

Kogi Speaker receives defectors into APC

The Speaker of Kogi State House Assembly, Hon. Mathew Kolawole, has formally received some members of the opposition parties who recently defected to the ruling All Progressives Congress (APC).

‘Yahoo boy’ runs mad, strips self naked in Ekiti

There was drama on a major highway in Ado Ekiti, the Ekiti State capital, when a young man suspected to be an Internet fraudster ran mad in full public glare on Sunday evening.

Bandits release 30 more captives in Zamfara

The peace efforts initiated by the Zamfara government have continued to yield more fruits with 30 additional captives released by bandits on Sunday, after eight months in captivity.