Rethabile Joala 🇿🇦

Plot twist: it all goes well and life keeps getting better🦋

[EXPLAINER] Young professionals are increasingly leaving Cape Town for Johannesburg in a trend experts call “reverse semigration,” driven by high living costs in the coastal city. Johannesburg offers not only higher salaries, particularly in tech and finance, but also more affordable housing and lifestyle conveniences that appeal to young urbanites. As new mixed-use developments and vibrant suburbs emerge, professionals are prioritising financial flexibility alongside community and culture. CNBC Africa's @Retha_Jae reports. #CNBCAfrica #SouthAfrica #ReverseSemigration #UrbanShift

{ LIVESTREAM } - President Trump live from Davos x.com/i/broadcasts/1…

[EVENT] The World Economic Forum Africa is set to return in April 2027, marking a significant moment for the continent. Last hosted in Cape Town in 2019, the forum was paused by the COVID 19 pandemic. Its return signals renewed global focus on Africa’s growth, priorities and partnerships. For South Africa, hosting WEF Africa follows the momentum of last year’s G20 in Johannesburg, reinforcing the country’s role as a convenor of critical global and African dialogue. This is more than a comeback. It’s Africa reasserting its place at the centre of global decision making. #WEF26 #CNBCAfrica #AfricaAtWEF

[EXPLAINER] South Africa’s G20 Presidency places the continent at the centre of global economic decision-making, shaping conversations on trade, growth and development. With themes of solidarity, equality and sustainability, the country is driving priorities such as debt relief, disaster resilience and a just energy transition.  As leaders gather this weekend, Africa steps into a defining moment of global influence.  CNBC Africa’s @Retha_Jae reports.  #CNBCAfrica #G20 #G20SouthAfrica #AfricaOnTheAgenda

[IN CONVERSATION] Africa’s next growth engine could lie in its human intelligence, not just technology, says George Vradenburg (@vradenburg3), Founder of The Davos Alzheimer’s Collaborative (@DavosAlzheimers). Speaking to CNBC Africa, he highlighted the importance of prioritising brain health through early interventions, education, and innovative digital ecosystems to unlock productivity and economic opportunities.  Vradenburg’s five-year plan aims to strengthen Africa’s cognitive resources, urging global leaders to see brain health as central to sustainable growth.  CNBC Africa’s @Retha_Jae reports. #CNBCAfrica #BrainEconomy #AfricaInnovation #HumanPotential

[IN CONVERSATION] Kathleen Quillinan, founder of @Pesto_Princess, shared how she transformed a small side hustle into a thriving food business employing over 100 people. She highlighted the growing demand for health-conscious, home-style products and the role of digital platforms in reaching new customers and building authentic relationships.  Quillinan also emphasised supporting local suppliers and balancing business growth with social and environmental responsibility. CNBC Africa's @Retha_Jae explains. #CNBCAfrica #AfricaSideHustle #PestoPrincess #FoodBusiness

[IN CONVERSATION] South Africa’s Minister of Cooperative Governance and Traditional Affairs (@NationalCoGTA), Velenkosini Hlabisa, has laid out a strategic plan to overhaul dysfunctional municipalities, with a focus on service delivery and leadership reform. He says the goal is to attract skilled professionals to rural areas and end politically motivated appointments, aiming to restore functionality in over half of the country’s municipalities. With 16 months left in the current council term, Hlabisa hopes to see tangible progress by mid-2026. CNBC Africa's @Retha_Jae explains. #CNBCAfrica #LocalGovernance #MunicipalReform #CoGTA

[IN CONVERSATION] The Democratic Republic of Congo (DRC) has received a $266 million boost from the IMF following strong economic performance under its Extended Credit Facility. Despite challenges, including missed fiscal targets due to rising security costs, GDP growth hit 6.5% in 2024 and inflation fell sharply to 8.5%. With peace efforts underway and reforms in the mining sector gaining traction, the IMF’s support aims to guide the DRC toward sustained growth through 2027. CNBC Africa’s @Retha_Jae explains. #DRCEconomy #IMFSupport #AfricaRising #CNBCAfrica

[IN CONVERSATION] South Africa’s inflation expectations have dropped below 4% for the first time in over four years, according to the latest Bureau for Economic Research (@BERcoza) survey, a potential sign that price pressures are easing. While this marks a structural shift in how inflation is perceived, economists warn that GDP growth forecasts have been revised down due to persistent infrastructure issues and weak policy confidence. Can the country maintain low inflation while reviving growth? CNBC Africa's @Retha_Jae explains. #CNBCAfrica #SouthAfricaEconomy #Inflation

If 62.4% of South African youth are unemployed, how do young people spend their time and make an income? #CNBCAfrica #WeeklyOpinionPoll #FutureOfWork #YouthUnemployment

[IN CONVERSATION] South African startup Fleetly is reshaping the ride-hailing landscape by converting private vehicles into professionally managed e-hailing assets. CEO Luyanda Jafta says while the market is growing, real sustainability lies in supporting drivers with stable income, medical aid, and full-time benefits. With regulation still lagging, he argues that practical implementation not more laws, is key to unlocking the sector’s full potential. CNBC Africa's @Retha_Jae explains this. #AfricaSideHustle #RideHailing #Ehailing #CNBCAfrica

The G7 is meeting this week in Canada. Should major economies like China, India, or Nigeria be included? #CNBCAfrica #WeeklyOpinionPoll #G7Summit

[IN CONVERSATION] The International Labour Organization (@ilo) has cut its 2024 global jobs forecast by 7 million due to a weaker economic outlook, with Africa among the hardest hit. Professor of Economics at @LBSNigeria, Bongo Adi says global conflicts and trade tensions are contributing factors, but Nigeria also faces domestic challenges, including poor data accuracy and lingering poverty. As the country prepares for its 2025 census, Adi stresses the importance of inclusive planning and data-driven policy. CNBC Africa’s @Retha_Jae explains. #NigeriaEconomy #GlobalJobs #ILOReport #CNBCAfrica #DSTV410 #Nigeria

🎉 CNBC Africa turns 18! Thank you to our viewers, partners, and storytellers for being part of our incredible journey. Here’s to 18 years of amplifying Africa’s voice in global business! 🌍📈🎈 #CNBCAfricaAt18 #18YearsOfImpact #CNBCAfrica

[EXPLAINER] The African Development Bank Group (@AfDB_Group) has elected Dr. Sidi Ould Tah (@sidiouldtah) as its 9th President, marking a pivotal shift in leadership as the continent navigates complex development challenges and opportunities. With over 20 years of experience in global finance and African economic strategy, Dr. Ould Tah brings a bold vision to scale climate-resilient infrastructure, formalise the informal sector and empower Africa’s youth. CNBC Africa’s @Retha_Jae explains. #AfDBAM2025 #AfricanDevelopment #Leadership #CNBCAfrica #AfricaEconomy

Only 11% of Africa’s top admired brands are homegrown. Why aren’t more Africans buying African brands? #CNBCAfrica #ConsumerTrends

[IN CONVERSATION] Africa’s consumer markets are expanding rapidly, yet admiration for homegrown brands is declining. The 15th edition of the @brandafrica 100: Africa’s Best Brands Report reveals that only 11% of the most admired brands are African, down from 17% last year, highlighting a strong consumer preference for global names. What will it take for local brands to earn back trust and recognition? CNBC Africa’s @Retha_Jae explains. #CNBCAfrica #BrandAfrica100 #AfricanBrands #ConsumerTrends #SupportLocal #AfricaEconomy #MadeInAfrica

EVENT] At the official launch of the South African National Petroleum Company (SANPC), Minister of Mineral and Petroleum Resources, Hon. @GwedeMantashe1 , reaffirmed the government’s strong commitment to the energy sector and SANPC’s role in shaping South Africa’s energy future. Swipe through for key points from his powerful keynote. #SANPC #WelcomeToSANPC @_sanpc

[IN CONVERSATION] South Africa’s unemployment rate climbed to 32.9% in Q1 2025, with 291,000 jobs lost, mostly in construction and trade as formal sector pressures persist. @Nedbank economist Johannes Khosa says while job creation isn’t keeping pace with labour force growth, a modest recovery may be possible if inflation eases, interest rates drop, and investment picks up. Still, global trade tensions and local structural issues remain major hurdles. CNBC Africa’s @Retha_Jae explains. #SouthAfrica #Unemployment #JobsCrisis #Economy #CNBCAfrica

[IN CONVERSATION] South Africa’s job market is undergoing a major shift, with employers increasingly turning to candidate sourcing to tap into the 75% of the workforce not actively job hunting. According to @PnetJobs's April 2025 Job Market Trends Report, sectors like finance, IT and sales are leading the charge, with roles such as project managers and software developers among the most targeted. Soft skills like negotiation and creative thinking are giving candidates an edge as recruiters focus on innovation and adaptability. CNBC Africa’s @Retha_Jae explains further. #CNBCAfrica #JobMarketTrends #PnetReport #CandidateSourcing  #RecruitmentInsights #FutureOfWork