Tag: Momentum Group Foundation
The real employment challenge is alignment, not job creation
We know where the jobs are, and we know our young people are eager to work. So why aren’t we connecting the dots? South Africa has 200,000 agricultural jobs waiting to be filled. We also have a thriving Business Process Outsourcing (BPO) sector. This sector includes call centres, customer service, data processing and back-office administration. It can absorb entry-level workers at scale.
Gambling for survival – when desperation leads to destruction
Most South Africans are not gambling more because times are good. Instead, they are gambling more because money is tight. South Africa’s gambling industry generated a record R75 billion in gross gambling revenue during 2024/25. At the same time, the betting segment alone grew sharply from R8.8 billion in 2019/20 to R23.7 billion by 2022/23.
Laser-focused job creation could transform the country
Two remarkable economic turnarounds demonstrate what becomes possible when countries support the right sectors, develop relevant skills and strengthen cooperation between government and business. We exist to create genuine and lasting economic opportunities for young South Africans. We constantly evaluate where we invest, what we support and why those decisions matter.
Bracing for the record fuel hike – impact on consumer finances
With a catastrophic, record-setting fuel increase on 1 April 2026, South Africans face significant pressure. In fact, many households are already bracing for the record fuel hike. This increase will extend far beyond the forecourt.
