Capitec CEO refuses to budge on 10% jobless stance

Gerrie Fourie says true rate of unemployment is much lower than the 32% reported by Stats SA, but economists say he is wrong

15 June 2025 - 00:00

Capitec CEO Gerrie Fourie is sticking to his guns over the true number of unemployed in South Africa despite widespread rejection of his comments that the jobless rate is about 10% if the self-employed are taken into account...

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