The South African government is hopeful following the country’s 0.4% increase in gross domestic product (GDP) in the first quarter of 2023. This development shows that South Africa has the potential to overcome its current economic challenges. ## Positive employment growth in South Africa
Cape Town’s Mayor, Geordin HillLewis, has announced that the city’s unemployment rate has dropped by four percentage points yearonyear, boasting the lowest unemployment rate among South Africa’s metros. Despite the progress, the Mayor acknowledged that much work remains in fostering further economic growth and alleviating poverty through job creation.
