The ruling Anc party,was holding a rally in Kimberley celebrating its 108 years.This celebration, which is usually accompanied by a jovial mood of song and dance by party leaders, members and supporters, happens during a time when the country has been plunged into several crises of epidemic proportions. Can the ANC really afford to celebrate?..
Continue reading…
#LetThemEatCake SA in crisis while ANC & black elites eat cake, celebrating its 108 years
Posted on Leave a comment
The ANC can no longer rule South Africa – unemployment rate highest in 11 years and increased to 29,1%
Posted on Leave a comment
South Africa’s unemployment rate has increased by 0,1 of a percentage point to 29,1 percent in the third quarter compared to the second quarter, the highest it has been in 11 years. Statistics South Africa (StatsSA) said on Tuesday that the number of employed persons increased by 62 000 while the number of unemployed persons..
Continue reading…
We are getting poorer in SA – Unemployment will continue to increase as long as population growth exceeds economic growth – Time to induce birth control to reduce breeding and stop bulk of illegal aliens from African countries
Posted on Leave a comment
The publication of the most recent Quarterly Labour Force Survey by Statistics SA and its calculations that the number of unemployed people continues to increase have once again elicited strong opinions and calls that somebody must do something. Reading the labour force and unemployment statistics together with the report on population growth that Stats SA..
Continue reading…
We are in big trouble! With more firms shutting their doors ‘South Africa is getting poorer’ and paints a bleak picture of the state of the economy
Posted on Leave a comment
According to the figures released by Statistics SA the number of liquidations increased by 24.9% in the second quarter of this year compared with the same period for last year. The estimated number of insolvencies increased by 4.6% in May and a 15.2% increase was estimated in the first five months of this year. Economist..
Continue reading…
Nearly Half of Households in SA on Welfare – Rainbow Nation has become welfare state with over 45% of households relying on SASSA
Posted on Leave a comment
More than 17 million “residents” of South Africa are currently receiving government grants. According to Statistics SA, more than 45% of households are dependent on state grants. The rainbow country has become a well-being country and this means, among other things, that more and more non-marital children are growing. Western Cape households are dependent on..
Continue reading…
Worrying news for the local economy – Statistics show that the South African tourism sector is in decline
Posted on Leave a comment
Report from Statistics South Africa has shown a negative trend in the tourism sector. The South African attraction South Africa is a beautiful and diverse country. It, therefore, comes as no surprise that it has been a popular tourist destination with global travellers since it rejoined the international stage in 1994. So much so, in..
Continue reading…
ANC regime causes unemployment rate of 27.5% with a total unemployed rate currently at about 6.2 million people during their reign
Posted on Leave a comment
The latest data from Statistics SA show that the country’s stagnant economy has severely affected the labor market as well as unemployment. At the top of the list are home workers where almost 66,000 workers lost their jobs year after year. The country’s unemployment rate currently stands at 27.5% with the total unemployed currently at..
Continue reading…