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NYDA calls for youth-centred economic response | SA News

NYDA calls for a youth-centred economic response amid rising global uncertainty and domestic constraints

The National Youth Development Agency (NYDA) notes the latest Monetary Policy Committee (MPC) decision by the South African Reserve Bank to keep the repo rate unchanged at 6.75 per cent, against a backdrop of heightened global uncertainty and emerging economic risks.

The MPC highlighted that the recent outbreak of conflict in the Middle East has caused a significant global supply shock, leading to higher prices for oil, gas, and fertilisers while dampening global growth prospects. These developments are expected to push inflation upwards in the short term, while also limiting…

Scientific Research: The country is home to several research institutions, including
the Council for Scientific and Industrial Research (CSIR) and the Medical Research Council (MRC).

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  2. Fun South African Fact: The Cape Floral Kingdom is one of the world’s six floral kingdoms – and the only one which is wholly contained within a single country.