Unemployment Crisis

S.A Union COSATU Concerned Over U.S. Tariff Threat

S.A union Cosatu says it is deeply worried by the United States president Donald Trump’s announcement of pending tariffs on South African and other nations’ exports. Cosatu’s spokesperson, Matthew Parks says this threatens thousands of South African jobs in many sectors, including agriculture, mining, jewellery, chemicals, automotive, and clothing. He says with a 41.9-percent unemployment rate, South Africa cannot afford further job losses:

15 February, 2025 43

South Africa

S.A’s EFF rejects Medium-Term Budget Policy Statement

The Economic Freedom Fightersin South Africa have rejected the Medium-Term Budget Policy Statement, claiming the government favors private sector profits over job creation and economic growth. Finance Minister Enoch Godongwana defended the budget in Parliament, emphasizing a commitment to sustainable public finances. EFF leader Julius Malema criticized the statement for overlooking the rising unemployment crisis. RISE Mzansi leader Songezo Zibi has called for financial reform to address national debt […]

31 October, 2024 38

Africa

Urgent reforms needed to address unemployment crisis. BUT is Namibia’s labour force competent enough?

It's undeniably a crisis! Namibia is finding itself at a critical juncture as recent statistics from a survey conducted by the Economic Policy Research Association reveal the negative reality of the country’s job market. An alarming 56% of over 500 local businesses surveyed express difficulty in securing competent and skilled employees, with 30% describing the situation as "extremely difficult." This data highlights the immediate need for Namibians to align their […]

21 November, 2023 30