The
Challenge
Unemployment is South Africa's biggest problem.
To thrive, the country needs to create 5 million new formal sector jobs in the next ten years.
Rising unemployment and inequality lead to social instability, political radicalisation and criminality.
The state does not have the funds to create millions of jobs but can contribute other assets – physical and regulatory.
We need faster economic growth, with purpose, to create employment and diminish poverty in all its guises.
This conference will suggest practical ways to create jobs and build a better, more equal and healthy society as our contribution to the national dialogue.
19–20
MARCH
2026
Cape Town International Convention Centre
There is ONE question South Africa must answer: how do we create more jobs? To be precise, how do we create 5 million jobs in the next decade? Because, according to our calculations, that will move the needle on unemployment and poverty.
Our current unemployment trajectory is not sustainable. It leads to social instability, criminality and undermines democracy. We need a national conversation on economic growth with purpose.
News24 has initiated a series of discussions involving South Africa’s sharpest minds, experts, and practitioners to come up with practical solutions on how we can change our economic path.
These solutions will be presented to an audience of invited guests at our On the Record summit in Cape Town from 19–20 March, where international and local speakers will share their views on how to solve our unemployment crisis.
The
Reason
Let’s fix SA, one job at a time
By Adriaan Basson
“We all know what our problems are, we just need to start fixing them!”
How many times have you heard or said this in recent weeks? Since the announcement of a National Dialogue by President Cyril Ramaphosa, the South African chattering classes have been debating the merit of what many thinks will be another “talk shop”.
Here at News24, we have been having the same debate for the past year. Every year, we host our On the Record summit about South Africa’s future. We bring the country’s top thinkers, leaders and executives on stage and ask them the tough questions.
This year we wanted to do something different. Yes, we are good at talking and yes, our nation should absolutely continue talking about the things that drive us crazy and that make us fall in love with Mzansi over again.
But is it possible to move the needle a bit more? And if we could, where would we add our weight in finding the fixes we so desperately need?
At the beginning of the year, we partnered with Ipsos to conduct a representative poll on South Africa’s biggest challenges. South Africa answered loud and clear: unemployment was the single largest issue holding us back.
This came as no surprise. At 32%, we have one of the largest unemployment rates in the world. And even if the number came down when you added the informal sector, the scale and level of poverty and underdevelopment is undeniable.
We simply don’t have a sustainable, peaceful and prosperous future if we don’t break the cycle of poverty and unemployment.
A job, we believe, changes your life. It gives you agency, freedom and independence. It gives you a chance to break out of the vicious cycle of state dependency.
So, we decided to dedicate the next News24 On the Record summit to finding solutions to our biggest national problem: unemployment. There are incredibly smart people in- and outside South Africa who have done much work on this, but their ideas and solutions are often not widely heard and discussed. Sometimes the devil is in the detail!
Our process will culminate in the News24 On the Record Summit from 19–20 March 2026 at the Cape Town International Convention Centre in Cape Town.
We spoke to some smart people who crunch economic data for a living to get to an ambitious but achievable target. How many jobs are we looking at creating over the next decade to make a serious dent in employment, and the country’s trajectory?
This is where we landed: to thrive, the country needs to create 5 million new formal sector jobs in the next ten years. It is our generational challenge.
Unemployment and inequality lead to social instability, political radicalisation and criminality. The state does not have the funds to create millions of jobs but can contribute other assets – physical and regulatory.
We need faster economic growth, with purpose, to create employment and diminish poverty in all its guises. We need those blockages to a better future and work on removing them. That’s worth talking about.
This is an open invitation to all South Africans to suggest practical ways to create jobs and build a better, more equal and healthy society as News24’s contribution to the National Dialogue.
Do you have ideas or contributions to make to our process?
Send us an email to otr@news24.com and you could be chosen to attend our conference from 19–20 March 2026 in Cape Town.
Confirmed Speakers
On the agenda
On the agenda
News24 has identified South Africa’s top thinkers and practitioners on economic growth, job creation, BEE, youth unemployment, crime and corruption, and the future of our cities.
We have set up working groups to get together and design solutions for unlocking blockages in the system and stimulating economic growth in anticipation of the On the Record summit in March 2026.
The work of these working groups will be published in a booklet that will be distributed before the conference. Readers and the public will be invited to submit comments.
At the summit from 19–20 March 2026, these solutions will be showcased and debated in addition to keynote addresses from our eminent speakers.
OTR Booklet
Sharon Seretlo/Gallo Images
Sharon Seretlo/Gallo Images
Join the conversation
We have a limited number of seats available for News24 subscribers and students who would like to attend our summit in March 2026.
If you would like to win a ticket, send us a motivation of no more than 500 words on your ideas for alleviating poverty and unemployment in South Africa. The best submissions will be published on News24.
If you have any questions or queries or would like to attend this event in person, please contact us at:
Waldo Swiegers/Bloomberg via Getty Images
Waldo Swiegers/Bloomberg via Getty Images
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Stephen McCarthy/Sportsfile via Getty Images
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Per-Anders Pettersson/Getty Images
Luba Lesolle/Gallo Images
Luba Lesolle/Gallo Images
Supplied; Simon Sonnekus/News24
Supplied; Simon Sonnekus/News24
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Brenton Geach/Gallo Images
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Martin Harvey/Getty Images
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Supplied/GCIS
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News24 Graphics/Martin Harvey/Getty Images
News24 Graphics/Martin Harvey/Getty Images
News24 Graphics/Martin Harvey/Getty Images
News24 Graphics/GCIS
News24 Graphics/GCIS
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News24 Graphics/Gallo Images
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Gallo Images/Misha Jordaan
Phando Jikelo/RSA Parliament
Phando Jikelo/RSA Parliament
Gallo Images/Sharon Seretlo
Gallo Images/Sharon Seretlo
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Alaister Russel/Sunday Times/Gallo Images
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Siyabonga Sokhela/Gallo Images
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GCIS/Supplied
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Rosetta Msimango/City Press
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Teamjackson/Getty Images
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Westend61/Getty Images
Borgogniels
Borgogniels
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PeopleImages/Getty Images
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Gallo Images/Phill Magakoe
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Fani Mahuntsi/Gallo Images
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Yolanda Mdzeke/News24
GCIS
GCIS
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Storm Simpson/News24











































