The outcry was swift when Capitec CEO Gerrie Fourie dared to challenge South Africa’s sacred unemployment statistic. “The unemployment rate is probably actually 10%,” he contended, arguing that Stats SA’s headline figure of 32.9% ignores the vibrant informal economy where “everyone is doing something.” Critics were quick to dismiss him as ignorant, unscientific, even a… Continue reading The Statistical Mirage: Why Capitec’s CEO Is Forcing SA to Rethink Its Unemployment Narrative