Lesetja Kganyago, South African Reserved Bank (SARB) governor said U.S. tariffs on South Africa could cause around 100,000 job losses, with the agriculture and automotive sectors hardest-hit. Kganyago told local radio station 702 that the impact of the 30 per cent tariff, which Africa’s biggest economy faces from August 1, could cause significant damage to…
The ongoing construction of three bus and taxi terminals by the Federal Capital Territory (FCT) Minister Nyesom Wike, has created more than 3,000 jobs for the residents of Abuja. The News Agency of Nigeria (NAN) reports that Wike in July 2024, inaugurated the construction of three bus and taxi terminals, one each in Mabushi, Central…
China created 12.56 million new urban jobs in 2024, the Ministry of Human Resources and Social Security said on Tuesday. In 2024, China’s surveyed urban unemployment rate stood at 5.1 per cent, 0.1 percentage points lower than the previous year. This is according to the ministry. “The employment situation remained generally stable,’’ said Lu Aihong,…
