As the country grapples with joblessness and slow economic growth‚ the Ipsos What Worries the World survey shows almost 70% of South Africans cited unemployment as their top concern. Forty-two percent of the rest of the world chose…
Unemployment increased by 54,000, according to the latest Quarterly Labour Force Survey (QLFS) released by Stats SA on Tuesday. This puts the number of unemployed people at 7.8 million, up by 584,000 since the first quarter of the year.…
KARL GERNETZKY Walmart-owned retailer Massmart says up to 1,800 jobs may be cut at its Game stores in SA as its begins formal consultations with organised labour. In January, the group announced it may cut 1,440 employees across 34…
President Cyril Ramaphosa warned on Monday of a job loss tsunami in the aftermath of the Covid-19 lockdown. Ramaphosa, in his weekly newsletter, focused on the economic impact of the coronavirus pandemic. It was inevitable for people’s…
SA needs to build an economy that attains sustained growth of “beyond 5%” and is structured to be inclusive and equitable. This will require the critical stakeholders, particularly government, business, and labour, to put aside ideology…
By NTANDO THUKWANA The national lockdowns imposed on various African countries could wipe out about a third of jobs across the continent, a report by global consultancy firm McKinsey has warned. President Cyril Ramaphosa joined other…
SA artist Khaya Sineyile has hit back after Nando’s took down one of his artworks at a new Nando’s restaurant in the UK, following complaints from customers. The painting, which depicts four black people in a toaster, was removed last…
Eskom’s mammoth shortfall could have been used to hire more than 48,000 senior police officers or build more than 952 clinics Embattled power utility Eskom on Tuesday reported a loss of R20.7bn, which it attributed to a steep increase in…
By Derek Yu The latest South African jobs statistics continue to reflect a shockingly high unemployment rate which will take some doing to reverse. Concerns about the high levels of youth unemployment and the social upheaval this might…
Pick n Pay has cut 10% of its staff, eliminating approximately 3,500 jobs, the South African grocer said on Monday, as the country grapples with its first recession in eight years. Most of South Africa’s retailers have flagged lower or…
Our young people remain marginalised even as global labour opportunities beckon Khalil Gibran wrote: “You are the bows from which your children as living arrows are sent forth.” The word “parent” originates from the Latin verb parere,…
New skills and targeted policies will enable our society to survive in a changing world At the latest Richemont results presentation, Johann Rupert stated: “It’s a terrible thing capping students when you know many of their careers will…
