President Cyril Ramaphosa said the triple challenge of unemployment, poverty and inequality needs to be addressed in South Africa. And while millions remain unemployed, marginal gains in tackling unemployment were made as the unemployment rate declined.
The economic and social consequences brought about by unemployment could negatively impact the growth of an entire country.
In the final months of 2021, South Africa’s unemployment rate rose to 35.3%, meaning that more than one in every three people living in the country are unemployed.
The unemployment rate in South Africa increased during the final months of 2022 painting a grim picture of the job losses experienced by the country's population.
Recent figures released by Statistics South Africa (StatsSA) have revealed that South Africa’s Growth Domestic Product (GDP) increased by 1,2% in the fourth quarter of 2021.
Statistics South Africa (StatsSA) have revealed that South Africa’s economy is still smaller than it was before the onset of the Covid-19 pandemic which was more than 20 months ago.
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International research shows that the accountancy and finance sector is seen as the third most stable profession, behind health/ pharmaceuticals, and teaching.
The World Health Organisation (WHO) is calling on countries to train more nurses as a catastrophic global shortage looms. This sentiment was echoed in South Africa as the health minister acknowledged that the government must employ more healthcare workers.
The National Student Financial Aid Scheme (Nsfas) ensures that students from poor and working-class backgrounds can pursue tertiary education without having to worry about the cost. However, a crucial mechanism used by Nsfas to communicate with students has been blocked.
Eloise Nolte — the MD of distance learning provider Optimi College — outlines four practical educational paths that can be helpful for women, of any educational level. These range from completing a matric to pursuing a career in the high-tech fields of engineering, IT and finance.
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Millions of individuals living in South Africa rely on the R350 grant every month to purchase essential goods. However, changes in the legislation under which the grant is provided left beneficiaries with no grant payments for two months.