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As of September 2024, South Africa's economic challenges remain significant, with both unemployment and inflation presenting major issues. The unemployment rate stands at a high 32.6%, reflecting deep structural problems in the labor market. Inflation, although it has moderated slightly, remains elevated at 4.8% year-on-year. The South African Reserve Bank continues to monitor these trends closely, with the possibility of further monetary policy adjustments depending on inflationary pressures. The country also faces persistent issues such as energy shortages, impacting growth and employment recovery efforts​.