Browsing All posts tagged under »unemployment«

Economic apartheid & the builders of the world city

November 7, 2013


Christmas is coming to a world city so it is perhaps time to ask who built it, who is losing out, who is getting fat — and how and why this happens.

Less gold at SA’s rainbow end

January 28, 2013


Once upon a time and not very long ago, South Africa, as the continent’s largest economy and with a first-world banking and financial sector, was regarded as the potential gateway to investment in Africa. This is no longer the case: investors are tending to look north, to Ghana and even Zambia.

End of the “rainbow nation” fairy tale

November 6, 2012


The last remnants of the South African fairy tale were put to rest in London’s influential Frontline Club in October. A packed audience comprising mainly media workers and more than a handful of public relations and investment advisers clearly concluded that the rainbow nation was no more than a myth. Yet, once upon a time, and not very long ago, when concerned investment groups started casting about to find somewhere outside of the industrialised world to increase the size of their cash piles, they looked to South Africa.

A glimmer of hope for youth unemployment

May 24, 2012


There seems consensus that steps should be taken to alleviate some of the worst aspects of youth unemployment, a crisis that affects more than 75 million young people worldwide. But evidence exists of at least one highly successful project in South Africa of youth training and job placement in the current climate.

Fact, fiction, subsidies & jobless youth

May 20, 2012


Facts, fictions and often emotional assumptions pepper the current intense debate in South Africa about a youth wage subsidy. But there is one fact about which all parties agree: there is a massive problem of youth unemployment. Millions of young men and women between the ages of 18 and 25 simply do not have jobs; they also happen to constitute a potentially crucial voting bloc in any future election.

The ballot box & a youth wage subsidy

May 19, 2012


The battle for the electoral support of the millions of unemployed, unskilled and mostly ill-educated youth in South Africa — perhaps the most crucial voting bloc for the 2014 elections — is now in the open. It came with the decision by the Democratic Alliance (DA) to march on the headquarters of the country’s largest […]

Jobs front cynicism as the debates continue

February 10, 2012


The South African government is optimistically punting figures from the latest Labour Force Survey. The unions take a more cautious view and a closer look at the statistics reveals a still strongly "ticking time bomb" of mass unemployment.


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