Former RAF CEO paid R9.8 million in South Africa
The former CEO of the Road Accident Fund (RAF), Collins Letsoalo, was paid R9.8 million in the 2025 financial year, including a bonus of nearly R3 million. This was revealed in the RAF’s 2025 annual report, which showed that Letsoala’s pay package included a basic salary of R7.066 million, as well as a performance bonus […]
Unemployment under Cyril Ramaphosa increased from 26.9% to 31.4%
South Africa’s latest unemployment rate showed that it had deteriorated significantly since President Cyril Ramaphosa took over from his predecessor, Jacob Zuma. On Tuesday, 17 February 2026, Statistics South Africa released the Quarterly Labour Force Survey (QLFS) results for the fourth quarter of 2025. It showed that South Africa’s unemployment rate has dropped from 31.9% […]