IT’S TIME TO SHOW SOME RESPECT TO THE SPAZA INDUSTRY

Spaza Shop [Image: Econ3x3]

In mid-2025, the CEO of Capitec, Gerrie Fourie, sparked debate about unemployment in South Africa.  He argued that the actual unemployment rate in South Africa may be significantly lower than the official figure reported by Stats SA, potentially around 10% instead of the reported 32.9%. He argues that the current methodology used by Stats SA […]