32.9% of South Africans without jobs & Suez Canal cuts fees to revive trade
Episode description
Stephen Grootes speaks to Sharmi Surianarain, Chief Impact Officer for Harambee Youth Employment Accelerator about South Africa's rising unemployment crisis, with the official rate hitting 32.9% in Q1 2025 and the expanded rate reaching 43.1%, highlighting a challenging job market.
In other interviews, Timothy Walker, Maritime Senior Researcher at the Institute for Security Studies in Pretoria about Egypt's Suez Canal Authority offering a 15% discount on transit fees for large container ships to boost trade and offset rising insurance costs following recent security improvements in the region.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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