insert_link South Africa Cosatu Welcomes Dip in Unemployment Rate in South Africa S A. Union Cosatu says the slight dip in the unemployment rate is a welcome reprieve, coming on the back of three consecutive quarters of job losses. About 294-thousand more people were employed in the third quarter of this year. Cosatu’s, Matthew Parks, says unemployment remains dangerously high among young people. He says the private sector needs to come to the party by halting the flood of retrenchments […] todayNovember 13, 2024 14
insert_link South Africa GOOD Party Calls for Basic Income Grant as South Africa’s Unemployment Rate Remains High In S.A, the GOOD Party says that although any improvement in South Africa’s unemployment rate should be celebrated, the reality is that the number remains stubbornly high. The unemployment rate decreased marginally by 1.4 percentage points to 32.1-percent in the third quarter of this year. Eight million citizens are still unemployed. GOOD’s secretary general, Brett Herron, says the government has no choice but to implement a Basic Income Grant: todayNovember 13, 2024 11
insert_link South Africa Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies S.A union, Cosatu says it remains underwhelmed and disappointed by the Treasury’s continued approach to tackling South Africa’s deep-seated economic and governance crises. The union federation was responding to the Medium-Term Budget Policy Statement. Cosatu’s, Matthew Parks, says the fundamental challenges facing the nation are a stagnant economy and a rising unemployment rate of 42.6-percent: todayOctober 31, 2024 15
insert_link South Africa Small businesses can help South Africa fight unemployment if they get proper support – study By Karikari Amoa-Gyarteng, University of Johannesburg and Shepherd Dhliwayo, University of Johannesburg South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We have examined the “liability of newness” related to small and medium scale enterprises and entrepreneurial development in general. In particular, we’ve looked at […] todayMay 21, 2024 18
insert_link Namibia President Mbumba to deliver 2024 State of the Nation Address tomorrow President Nangolo Mbumba is set to deliver the 2024 State of the Nation Address in the National Assembly tomorrow. He will cover the state of the nation, and future government policies, and review policies from the previous year. Political Analyst Ndumba Kamwanya says he expects President Mbumba to address the ballooning unemployment rate. todayMarch 13, 2024 117
insert_link Business / Economics Jobs in South Africa: the labour market is recovering from COVID – but unskilled and less educated people are still being left behind By Derek Yu, University of the Western Cape For more than three decades the South African economy has had very high rates of joblessness. The country’s economy has been unable to create enough jobs for its growing army of workers. This has partly been because of the stagnant economic growth rate of only 1.7% during the 2010s (it was even lower at 0.9% in 2015-2019). Another factor […] todayFebruary 20, 2024 7
insert_link Namibia Home Affairs Ministry responds to visa issuance allegations Economic activist Michael Amushelelo has raised concerns about officials in the Ministry of Home Affairs, Immigration, Safety, and Security issuing working visas to plumbers and cleaners from South Africa for employment at Mr Price in Namibia. Ministry spokesperson, Margaret Kalo has acknowledged the country's unemployment rate and affirmed the government’s commitment to prioritise job opportunities for Namibians. todayFebruary 12, 2024 26
insert_link Health / Medical Taxes on e-cigarettes: South Africa must strike a balance between economic arguments and health concerns By Marius van Oordt, University of Pretoria The 21st century has seen a massive expansion in the ways that people can consume tobacco and nicotine. Innovative new products include electronic nicotine delivery systems (“ENDS” or e-cigarettes) and heat-not-burn (HnB) products. One of the challenges this has thrown up is the tax rates on these products. Combustible tobacco products like cigarettes and loose tobacco are generally taxed at similar rates since […] todayJanuary 8, 2024 24