The term’s of its extension beyond 2025 have yet to be agreed on, but the treasury has made provisional allocations for the grant
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
The United Nations World Economic Situation report said the country’s economy would grow by only 0.5%
Last year was dismal on a number of fronts. And although things probably won’t get exponentially better, there is some hope on the horizon
The rise in people employed in the sector is driven by increased production in field crops, forestry and aquaculture
Mining has a key role to play in helping to ease youth unemployment
South Africa’s economy added 399 000 people to the workforce in the third quarter of 2023
There are a number of employment dynamics which will hinder the country’s development if not addressed
The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994
If the opposition is not interested in introducing new and better policies, why are they in the running?
A review of the NDP notes that the economy has not performed adequately to rid the country of poverty, inequality and unemployment by 2030
The ruling party would have our country relitigate the past ad nauseam. We need solutions not blame
The ruling party’s economic transformation committee head, Mmamoloko Kubayi, said the treasury’s proposals were ‘unfortunate’, ‘illegal’ and a ‘tick-box exercise’
Instead of criminalising informal activity, local governments should support it
The proposal suggested the bloated cabinet be cut and departments trim their expenditure
A comprehensive policy might not be a silver bullet to all woes but it may help to kickstart economic growth
The country is under pressure to meet the demands of an evolving job market
Another round of spending cuts stand to shake the governing party’s already rickety foundations
Newsrooms, like many workplaces around the country, are struggling — and we need to pay attention
Despite the economy recovering to its pre-pandemic level, South Africa’s jobless rate is still higher than it was at the beginning of 2020
The dark and dangerous world fuels international criminal syndicates that control the illicit gold economy and as organised crime grips the country, it infiltrates our political landscape with dire consequences
In its sixth annual report, SweepSouth attributes poor domestic worker pay to power cuts, inflation, the high cost of living and employers relocating
The circular economy and the blue economy are also industries that have mass potential for African countries to invest in to address youth unemployment
Agriculture is an export-oriented sector, making it necessary to maintain trade relations with the country’s most important markets
A scheme that makes for a better health system will also buoy the economy, but it is hard to say whether the NHI will get us there
Redistributive policies to reduce racial inequality should focus on achieving equality of opportunity, which can only be done by fixing our disastrous education system
There are no capitalist witches controlling policymakers to keep people poor. Politicians are responsible for a stuck economy
Structural reforms are often offered as the solution to South Africa’s growth problem, but we should be wary when they are code for privatisation
The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation
In a five-year review of take-home pay, BankservAfrica found that the average salary has not kept pace with inflation
There are now 7.9 million people without jobs in South Africa, up from 7.8 million last quarter