In Johannesburg, South Africa, Q3 saw a 0.3% rise in formal sector employment to 10.176 million, while November’s producer inflation eased to 4.6% from 5.8% in October. Investec economist Lara Hodes attributed relief to producers from fuel price cuts. Following the U.S. Federal Reserve’s rate decision, the rand dipped 0.52%, hitting a four-month low. Despite market surge on the Johannesburg Stock Exchange, the 2030 government bond yield spiked to 9.765%.
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Saturday, October 26
Trending
- Safety awareness through the airwaves
- Intelligence-driven operation leads to arrest of two suspects for cases including rape, robbery, and burglary in Sebayeng
- Media briefing to update on the successes for the stabilisation, normalisation and sustainability plan
- Banyana Banyana go down to Denmark
- Five suspects arrested for corruption pertaining to the fraudulent issuing of driving licenses in Petrusburg and Kimberley
- Sundowns star goalkeeper receives THREE CAF nominations
- Two more accused appeared in court for fraud
- Children, government and civil society convene to consider a national strategy to accelerate action for children
