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June 2026
Windhoek Observer
Statistics South Africaannouncedconsumer inflation jumped to 4.5% in May from 4% in April
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“Consumer inflation in South Africa, Namibia's biggest trading partner, jumped to 4.5% in May from 4% in April, Statistics South Africa announced on Wednesday.”
Statistics South Africarecorded350,000 job losses in the first quarter of 2026, majority young people
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“South Africa has one of the highest rates of unemployment in the world at 32.7%, according to Statistics South Africa, which recorded 350,000 job losses in the first quarter of 2026 – the majority of whom are young people.”
Statistics South Africareported thatSouth Africa's inflation rate rose to 4% in April from 3.1% in March
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“South Africa's inflation rate rose to 4% in April from 3.1% in March, mainly driven by sharp fuel price increases, according to Statistics South Africa.”
Statistics South Africareleased report findingfewer South Africans describe themselves as poor than in 2015
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“This is one of the key findings from Statistics South Africa's report 'Subjective Poverty in South Africa: Findings from the Income & Expenditure Survey, 2022/2023'.”
Statistics South Africasaidperceptions of financial strain matter and influence household decisions
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“"Even households that do not perceive themselves as 'poor' may still feel financially strained and uncertain. And those perceptions matter – they influence how households make decisions, plan for the future, and navigate the challenges of everyday life," said Statistics South Africa.”
Statistics South Africashows91.8% of employed people remained employed Q3 to Q4 2024, down from 94.0% in 2019
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“Statistics South Africa's Quarterly Labour Force Survey shows that 91.8% of people who were employed in the third quarter of 2024 were still employed in the fourth quarter.”
Statistics South Africareportsjobless rate among young people aged 15 to 34 stands at 46%
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“Statistics South Africa reports that the jobless rate among young people aged 15 to 34 stands at a staggering 46%, while the rate of youth-led entrepreneurial activity remains worryingly low.”
Statistics South Africareports in its Quarterly Labour Force Survey thatfemale graduates have 15.0% unemployment versus 8.9% for men in Q2 2025
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“Statistics South Africa's latest Quarterly Labour Force Survey reveals that even a degree offers no protection from the country's gender employment divide, with female graduates recording a 15.0% unemployment rate compared to just 8.9% for men in the second quarter of 2025.”
South Africa's consumer inflation jumped to 4.5% in May from 4% in April, the highest since July 2024, largely driven by fuel price increases of 28.7% annually. As Namibia's biggest trading partner, the development is relevant to local economic conditions; Namibia's trade deficit with South Africa was N$4.4 billion in April.
South Africa's consumer inflation jumped to 4.5% in May from 4% in April, the highest since July 2024, largely driven by fuel price increases of 28.7% annually. As Namibia's biggest trading partner, the development is relevant to local economic conditions; Namibia's trade deficit with South Africa was N$4.4 billion in April.
Undocumented migrants in South Africa, particularly Malawians, face door-to-door intimidation and violence as protesters have set 30 June as a deadline for them to leave. Up to 7,000 foreigners have gathered in an open field in Durban seeking refuge, with reports of armed South African men attacking residents and threatening deportation.
South Africa's inflation rate rose to 4% in April from 3.1% in March, mainly driven by sharp fuel price increases, with the fuel index rising 18.2% — the largest monthly jump since the CPI series began in 2008. Namibia imports most of its consumer goods from South Africa, making the increase important for local consumers and businesses.
Statistics South Africa reports that fewer people now describe themselves as poor than eight years ago, but a larger share say their income is insufficient to meet their needs. The study finds subjective poverty measures—how people perceive their financial well-being—are closely linked to happiness and influence household decision-making.