President Ramaphosa

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High unemployment in South Africa has seen youth graduates struggle to find work. However, ongoing government effort has revealed progress in youth employment.


Load Shedding represents a persistent problem in South Africa. As the energy crisis worsens, government has declared a State of Disaster to resolve the matter.
 


The unemployment rate in the country worsened to 35,3% in the fourth quarter of 2021. The expanded unemployment rate, which includes people who were available for work but not looking for a job, stood at a staggering 46,2 %.


South Africa has a limited window of opportunity to reset the economy and build a stronger base for sustained long-term growth – seizing it will require rebuilding business and investor confidence by moving swiftly to implementation of the economic reforms outlined in Minister of Finance Enoch Godongwana's 2022 Budget speech.


The South African Finance Minister has announced increases in Excise Duties and the introduction of a new tax during his maiden budget speech. 


Last week the Department of Basic Education (DBE) met with Eskom's leadership to deliberate on the challenges faced by Grade 12 students caused by load shedding. 


South Africa’s power utility Eskom has announced that the country will move to stage 4 load shedding until Friday.


As matriculants around South Africa prepare for their final school examinations, many will experience anxiety, nervousness and stress.


President Cyril Ramaphosa says that there is a long way to go when it comes to instilling a culture of ethics in South Africa’s public service. This comes after it was revealed that around 16,000 government employees irregularly received the Covid-19 R350 Social Relief of Distress grant.

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