Tag: youth unemployment
Transformation in the fuel industry key to economic growth and job...
South Africa’s franchise sector has shown tremendous resilience, first withstanding the heaviest effects from economic lens of the COVID-19 pandemic, secondly, looking at how global economies, suffered from the knock-on effect of the Russian war in the Ukraine.
Young entrepreneurs hold the key to youth employment
President Cyril Ramaphosa declared youth unemployment a national priority in his newsletter ahead of Youth Day this year, saying that youth unemployment is a 'huge mountain to climb' but that efforts were underway to address the challenge.
A legacy of leadership – are we being the leaders that...
South Africa is facing a number of critical challenges. Two of the most worrying are a faltering economy and a crisis in leadership which is leaving many of our future business leaders either waiting on the side lines or, even more tragically, leaving the country.
Naspers delivers strong revenue growth with profitable core operations
Naspers Limited (JSE: NPN) announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior year’s standout performance, the Group’s ecommerce portfolio delivered revenue growth of 49% to US$10.7 billion.
The Great Resignation and the rise of the contingent worker
The COVID-19 pandemic has brought many changes to the way the world goes about its business; namely, the way we socialise, the way we travel, the way we take care of our health, the way we shop, the way we do business, the way we structure our time and the way we work.
Bursaries will create the opportunities our youth needs
Broad-Based Black Economic Empowerment (B-BBEE) funded bursaries are the answer to South Africa’s staggering youth unemployment rate. How can we fix youth unemployment in South Africa? One of the greatest challenges we face, has been called a ticking time bomb on more than one occasion.
Curbing abuse of the Employment Tax Incentive project
Amendments to the Employment Tax Incentive Act, 2013 geared towards halting the abuse of employment tax incentives came into force on 1 March 2022. The Employment Tax Incentive (ETI) project was introduced in the ETI Act, 2013 to help combat the scourge of youth unemployment in South Africa.
More state intervention will result in a stagnant economy
Congress of South African Trade Unions (COSATU) General Secretary Bheki Ntshalintshali’s thought-provoking, in-depth piece advocating the ostensible strengths of the government's localisation plans refers ('Ideologues do the jobless a disservice by turning localisation into a swearword', January 9).
Why economic freedom matters
Economic freedom enshrines personal choice, voluntary exchange and protection of private property. It is the freedom to start a business or hire an employee without government interference, or to invest and trade with whomever you please.
Shifting from unemployment to unlocking potential for job creation
Youth unemployment is not a problem to be solved; it is an opportunity to maximise. Reframing one of South Africa’s single biggest socio-economic challenges sets the us apart from most skills development providers.
