'No backing down': S.African anti-migrant protesters vow to keep marching

South African anti-migrant protesters have vowed to continue their demonstrations, demanding that undocumented migrants leave the country. This escalation in protests could have a negative impact on South Africa's economy, particularly its labor market. The country relies heavily on migrant workers, and a significant departure of these workers could lead to labor shortages and increased costs for businesses.

Why it matters

The ongoing protests may lead to social unrest and instability, affecting investor confidence. The anti-migrant sentiment could also lead to a decline in economic activity, particularly in sectors that rely on migrant labor.

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