insert_link South Africa DA says the latest unemployment figures attest to its commitment to South Africans The DA says the latest unemployment figures attest to its commitment to South Africans, sustainable, inclusive economic growth, and meaningful job creation. StatsSA’s latest Quarterly Labour Force Survey reveals a decrease in the unemployment rate from 33.5-percent to 32.1-percent. However, youth unemployment continues to sit high at 43.2-percent. The DA says this green shoots in jobs numbers must accelerate economic reform including breaking Eskom’s power monopoly and addressing weak service […] todayNovember 13, 2024 15
insert_link Business / Economics ActionSA criticizes 2024 mid-term budget promises ActionSA says the 2024 mid-term budget fails to meet the government of National Unity’s promises. Party representative Alan Beesley welcomed increased SARS funding but criticised the 1.1-percent economic growth projection, saying it falls short of the needed three-percent. Beesley argues that government neglects economic stability, keeping a bloated cabinet while essential services like policing, healthcare, and education suffer. He labels the budget’s priorities as misplaced, calling for urgent focus on […] todayOctober 31, 2024 7
insert_link South Africa ActionSA has uncovered that two-thousand-901 companies owe the South African Revenue Service ActionSA has uncovered that two-thousand-901 companies owe the South African Revenue Service 216-billion-rand. One-thousand-156 individuals owe 62-billion-rand, totaling 277-billion-rand. This amount represents nearly 90-percent of SARS's tax revenue. SARS also faces a 1.3-billion-rand budget cut, hampering its ability to collect owed taxes. ActionSA's, Alan Beesley calls for increased funding to ensure efficient tax recovery and better support for government services: todayOctober 3, 2024 13