A number of big companies are cutting jobs – What this says about the state of economy?

Loading player...
GUEST – Andrew Levy, labour economist



South Africa is seeing a wave of job cuts by major companies from mining to manufacturing. But what do these retrenchments reveal about the true state of the economy?. Are we facing a structural problem in the labour market, or is this part of a global trend of companies tightening belts?
18 Sep 2025 4PM English South Africa Business News · Investing

Other recent episodes

SA Outlook: Is Investment Grade Back Within Reach?

Could South Africa regain investment-grade status by 2028? Investec's Osagyefo Mazwai explains why the country's fiscal position, institutional reforms and improving credibility are shifting the ratings conversation. We explore the remaining obstacles, the importance of the MTBPS and what investors should watch next.
20 Oct 1PM 16 min

Borrowing To Survive: South Africa's Money Squeeze

The latest Money & Me survey paints a worrying picture of household finances, with more consumers borrowing before month-end, dipping into retirement savings and turning to side hustles to stay afloat. Sarah Nicholson of JustMoney unpacks what the data reveals about financial stress, debt burdens and economic resilience among South…
20 Oct 1PM 17 min

NBI on Powering Pathways To South Africa's Green Jobs Future

South Africa's green transition could unlock hundreds of thousands of jobs, but only if skills development keeps pace. Gugu McLaren-Ushewokunze from the National Business Initiative discusses the new Skills Development Zones model, the future of green employment, and how South Africa can ensure young people and underserved communities benefit from…
20 Oct 1PM 16 min

-DELETED- Borrowing To Survive: South Africa's Money Squeeze

The latest Money & Me survey paints a worrying picture of household finances, with more consumers borrowing before month-end, dipping into retirement savings and turning to side hustles to stay afloat. Sarah Nicholson of JustMoney unpacks what the data reveals about financial stress, debt burdens and economic resilience among South…
20 Oct 1PM 17 min

NBI on Powering Pathways To South Africa's Green Jobs Future

South Africa's green transition could unlock hundreds of thousands of jobs, but only if skills development keeps pace. Gugu McLaren-Ushewokunze from the National Business Initiative discusses the new Skills Development Zones model, the future of green employment, and how South Africa can ensure young people and underserved communities benefit from…
20 Oct 1PM 16 min