US Deputy Treasury Secretary Wally Adeyemo urges South Africa to combat corruption to create jobs amid 43% youth unemployment.

US Deputy Treasury Secretary Wally Adeyemo urged South Africa to boost its fight against corruption, stating that this could help create jobs in a country facing a 43% unemployment rate among those under 35. Adeyemo emphasized the need for increased anti-corruption efforts, continued work on transitioning to renewable energy, and growth in the service sector during a speech in Johannesburg. US Treasury Secretary Janet Yellen made similar statements during a visit to South Africa last year.

March 13, 2024
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