South Africa’s economic crisis is causing increasing violence, and is linked to several factors, the poor growth rate of less than 0.5% being a scapegoat. Compared to the previous year, about 25,000 jobs became available, but that’s a drop in the bucket against the myriad of school leavers of 598,000 who want to enter the..
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Unemployment rate grows to 29%, while SA’s economy declines – Ramaphosa’s promises of new job opportunities, all lies
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South Africa Considers Handouts To Help Zimbabwe With Trouble Caused By… Handouts!
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The spiraling economic meltdown in Zimbabwe has prompted South African authorities to think about extending short-term credit to Harare and helping it to write off a $7.4-billion external debt. In an interview with the Daily Maverick newspaper, South African Finance Minister Tito Mboweni said the two governments were discussing ways to settle Zimbabwe’s debt to..
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DA says:- Eskom is a ‘zombie’ state-owned entity
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Cape Town – The DA on Monday said its private member’s bill aimed at dismantling Eskom’s monopoly would be an interesting test to see whether the ANC was serious about viable solutions to bring South Africa out of its economic crisis.
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South Africa is currently on the verge of an economic collapse, with our corrupt government can one expect differently?
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Economists warn that South Africa is on the brink of an economic crisis. The recession, unemployment, the rand’s decline in value as well as international developments are factors that make the red lights flash. The rating agency Fitch stated on Tuesday, September 25, that the so-called stimulus package of Cyril Ramaphosa does not really bring..
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