South Africa’s unemployment rate rises to 25%

South Africa’s unemployment rate rose to 25% in the first quarter of 2011, a 1% increase from the fourth quarter of 2010. Bloomberg reports the number of people in employment currently stands at 13.1 million. Read the full article at Bloomberg.

Despite our best efforts, How we made it in Africa cannot cover every single business story on the continent. What you need to know tracks important developments originally reported on by other media organisations.