Latest news with #S'thembileCele
Bloomberg
3 days ago
- Business
- Bloomberg
Next Africa: Inside Ramaphosa's Encounter with Trump
South African President Cyril Ramaphosa visited Washington last week to ease tensions amid a barrage of criticism from President Donald Trump, who has repeatedly spread false claims that there's a genocide against White people in Africa's most industrialized economy. Ramaphosa was intent on focusing on trade relations — the US is the country's second-largest trading partner after China — but the US leader quickly turned the meeting into an interrogation. Bloomberg's South Africa Government Reporter S'thembile Cele was in the room and recounts the full story of the face-to-face Oval Office meeting.
Bloomberg
13-05-2025
- Business
- Bloomberg
South Africa's Unemployment Rate Jumps as Trade Hemorrhages Jobs
By and S'thembile Cele Save South Africa's unemployment rate rose more than expected in the first quarter as the construction and trade sectors shed jobs. The nation's jobless rate increased to 32.9% in the three months through March, compared with 31.9% in the prior quarter, according to data released by Statistics South Africa in the capital, Pretoria, on Tuesday. The median estimate of four economists in a Bloomberg survey was 32.6%
