in the first quarter of 2019 – the overall number of unemployed people stands at 6.2 million and there doesn't seem to be any reason on the horizon to be hopeful that this picture will improve. The overall picture of unemployment in South Africa is made worse when considering that almost 3 million people have simply given up looking for work.
While the figures don't say so, we can say with near certainty that the highest percentage of unemployed youth are black. And in case they did not know this, the job of a government is to create a conducive environment which allows businesses to thrive. If the incoming administration holds this to be true, its leaders will ensure that SMMEs, not big businesses, are given support and allowed space to create the many millions of jobs we need.However, South Africa has been held back by an unhealthy, cosy relationship between government and labour on one hand as well as government and big business on the other.
All the while, South Africa's poor public education system continues to create a huge skills mismatch by churning out learners who can't read and write, and who will likely be untrainable and frustrated. The intransigence of Sadtu – the largest teachers' union in the country and with whom the national government enjoys too cosy a relationship – disables the basic education department from making much needed interventions in the sector.
So far, 84 buildings have been offered to private developers – mostly small players in the property development industry – and we expect to yield 6500 housing units while realising R20bn in investment.A further 70 buildings will be released through open tender by September, yielding about 5000 housing units and realising an additional R15bn to R20bn in investment. Of course, thousands more jobs will be created during and after construction.
HermanMashaba As usual...no meaningful response to a crisis in the making.
HermanMashaba The ANC can’t loot unemployment ! That is why !
HermanMashaba He cancelled youth employment programs so he's contributing to unemployment
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