Tag: unemployment

While unemployment and poverty remain some of South Africa’s biggest threats, our centralised collective bargaining model, which culminates in bargaining councils extending agreements to non-parties, remains the biggest deterrent to employment in affected industries.

The unfettered liberty for individuals to pursue their socioeconomic aspirations so long as there is no force or fraud entailed in their endeavours should be the cornerstone and point of departure for all government policies. This principle should also be the litmus test in reviewing existing policies in order to expunge bad ones from the statute books.

Is South Africa headed down a road of jobless growth where a capital-intensive economy is incompatible with a labour-intensive need? According to an International Labour Organisation (ILO) report reviewed in Forbes Magazine, 11 August 2017, there are about 71 million unemployed 15 to 24-year-olds around the globe, many of them facing long-term unemployment. This is close to a historic peak of 13%.

Researchers exhorting the South African government to implement the NMW (National Minimum Wage) reported that they could find no studies showing high job losses from the institution of minimum wages. How did they not uncover the link between the 2007 decision to impose the US Fair Minimum Wage Act on the US dependencies of Puerto Rico, American Samosa and the Mariana Islands?

In this insightful and provocative book, Frans Rautenbach proposes a complete overhaul of policy thinking, and provides fresh arguments that effectively address South Africa’s...

The South African Institute of Chartered Accountants (SAICA) has for the past three years run a survey among small and medium enterprises, both to learn how SAICA members can better serve the sector, and to offer relevant research findings to policymakers in government seeking to stimulate small business development.

Given the endless stream of inspiring media stories that detail the increase of entrepreneurs to positions of power and the rise of the Unicorn...

The Unemployment Insurance Amendment Act, which was signed into law by President Zuma recently, has been widely reported on as likely to have a positive effect on the country’s workforce.

After a tense period in which the three major global ratings agencies assessed the local economy, government policy and more, South Africans can head...

Along with inequality and unemployment, poverty is seen as South Africa’s biggest challenge with over half of South Africans living below the national poverty...