SOUTH AFRICA'S UNEMPLOYMENT RATE RISES TO 33.6% IN Q2 2026.(PHOTO).

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  South Africa's Unemployment Rate Rises to 33.6% in Q2 2026 South Africa's unemployment rate climbed to 33.6% in the second quarter of 2026, up from 32.7% in the first quarter, according to new figures from the national statistics department. The number of unemployed people rose to 8.5 million, while the number of employed people fell by 16,000 to 16.7 million. The data shows job losses across key sectors including community and social services, mining, agriculture, manufacturing and utilities. The steepest declines were recorded in the Western Cape, Gauteng, and North West provinces. Officials did not provide clear reasons for the downturn, leaving the main drivers of the rising unemployment rate uncertain.
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COURT SENTENCES EX-ACCOUNTANT-GENERAL NWABUOKU TO 72 YEARS IN PRISON FOR N868M FRAUD . (PHOTO).

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 Court Sentences Ex-Accountant-General Nwabuoku To 72 Years In Prison For N868m Fraud 


A Federal High Court In Abuja Has Convicted And Sentenced Former Acting Accountant- General Of The Federation, Anamekwe Nwabuoku, To 72 Years Imprisonment For Money Laundering.


The  Presiding Judge, Justice James Omotosho Gave The Order On Monday Having Found The Defendant Guilty In A Nine – Count Charged Filed Against Him By The Economic And Financial Crimes Commission


Justice Omotosho Held That The Economic And Financial Crimes Commission  Has Proved Its Case Against Nwabuoku.

Nwabuoku Was Arraigned On A Nine-Count Amended Charge Bordering On Money Laundering And Fraud To The Tune Of 868 Million Naira.

He Was Granted Bail In The Sum Of N500 Million With Two Sureties In Like Sum.

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Nwabuoku Was Convicted On All Nine Counts And Sentenced To Eight Years’ Imprisonment On Each Count, Amounting To A Cumulative 72 Years.

The Court, However, Ordered That The Sentences Run Concurrently.

Omotosho Described Nwabuoku’S Diversion Of Funds Meant For Security And Defence, While Serving As Director Of Finance And Accounts At The Ministry Of Defence, As “Appalling”.

The Judge Also Commended The Efcc For What He Described As A Meticulous Prosecution Of The Case.

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