Mining houses and corporate businesses are accusing Eskom for the high unemployment rates since their pathetic service delivery is causing uncertainty in the economy. Several institutions announcing in recent weeks that they would need to start retrenchments, unemployment has increased alarmingly rapidly and even greater retrenchments are provided. The uncertainty caused by Eskom in the..
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SA’s high unemployment rates are swept in front of Eskom’s door
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SA liquidations increase by over 53% – economy’s poor performance is attributed to power supply, violence conditions, strikes, corruption, etc.
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While the ANC president, Cyril Ramaphosa made huge promises of foreign investors and many jobs for the 28% who are looking for jobs and not getting, new setbacks are coming to the surface. The number of liquidations recorded in South Africa has increased by 50% during April this year, indicating the real state of the..
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Ramaphosa’s land theft approach – While the world is watching Ramaphosa with anticipation regarding the land-grab program, it becomes clearer that he has a clever election
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While the Western world is watching what the ANC president, Cyril Ramaphosa, is going to do with regards to the land-grabbing program, it becomes clearer that he has a clever approach towards to upcoming election. Political analysts point out that the president suddenly no longer focus on the country’s well-developed farms as a target in..
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ANC’s double talk – Ramaphose and Magashule’s statements on the independence of the Reserve Bank contradict each other and are damaging the confidence of investors – There is no doubt that the ANC-regime is leading SA to a downfall
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The ANC president, Cyril Ramaphosa and Magashule’s statements about the independence of the Reserve Bank, clearly contradict each other. While Ramaphosa is trying to reassure voters as well as the outside world that the Reserve Bank will remain independent, his fellow companion is confusing investors. He said in a statement that the Reserve Bank would..
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You may want to know why foreign investors are not investing in South Africa
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Why are foreign investors afraid to invest in South Africa? In search of answers, Briefly scoured the internet to find out why.
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The ANC has dragged the country into recession, but what does it actually signify for us as South-African Citizens?
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Since yesterday September 5, 2018 around 12:00 it was announced that South Africa is in an official recession. Nearly everyone read about it with great concern, but few realize exactly what it entails.
A recession suggests a phase of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. The current recession in the country was caused by the debate about land expropriation without compensation, which undermined a very principle of the freemarket system; and the full particulars of the thuggery and corruption from Zumagate now becoming public.
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