News Update – Unemployment rate rose to 27.2% in August

“Hours after the unemployment rate rose to 27.2% in August, President Cyril Ramaphosa appeared on SABC to address the nation. The ANC wanted to implement a stimulus package to boost economic growth and reduce unemployment, he said, controversially speaking as an ANC leader rather than the country’s first citizen.”

“Agriculture, manufacturing and trade has seen two consecutive quarters of negative growth, with agriculture declining 29.2% in the second quarter of 2018.”

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The Bio One “Moringa Projects” addresses both unemployment and acceleration of agricultural growth.


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