Posts tagged with 'unemployment'

 

Unemployment in Socialist SA hits 44.4% including those who don’t want to work, which apparently contributes to Riots and looting!

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South Africa now has the worst unemployment in the world according to Bloomberg, and now falls among other disastrous countries such as Colombia, Cuba, Syria and Venezuela. For all Ramaphosa’s nice speeches and promises, he does not understand that one main goal of a good government, is to establish an economy, which gives the people of the country the opportunity to make an honest living. The ANC government is not doing this at all. They set an example of corruption and immaturity. Corruption does not build an economy. Looting is just that. It builds nothing. And then the ridiculous reasons put forward: free housing, free education, free everything, which only exacerbates the above. And if ANC supporters do not get it for free, they throw a tantrum like a toddler, and burn down everything they see.

The unemployment rate in South Africa rose to a new record high of 34.4%. The incredibly high unemployment rates apparently contribute to social unrest, and
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ANC Policy of Exposing Farmers to Harm Costs SA a Food Producer Every Week! This Week They Let Mark Regal be Murdered!

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#ExposeThemToHarm – The 7th farmer has been murdered in the Free State in a month, meaning South Africa is losing more than one of its world renown food producers every week! These persecuted farmers have a reputation of being among the best in the world, and should be treated as a national strategic resource, however the ANC regime and its gang of Socialist parasites like the EFF & SACP, are happy to see to see them permanently removed. Why? Simply because the State wants complete ownership and control of food production to blackmail the population with – Communism 101! How? It is a little known Marxist strategy that to kill off your enemy, you can do it indirectly by deliberately exposing them to harm (disarmament, famine, drought, disease, crime, drugs, unemployment, mass migration, negligence, etc.), leaving you with 100% deniability! You just have to encourage and point the criminals in the right direction now and again, with public hate spee
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1 in 3 South Africans Out of Work as ANC Sets All Time Unemployment Record with 2.2 Million Jobs Lost in 2Q 2020!

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COVID-19 The Gift That Keeps Giving! Any analysis of unemployment figures in South Africa should always be prefaced by the reminder, that it is a stated Socialist and Communist goal to move workers out of private sector jobs (capitalism) and into state employment or onto state welfare. This simple fact should make it abundantly clear why Ramaphosa, ANC & SACP could hardly contain their joy when Covid19 struck SA. Indeed they have wielded the CCP Virus to strike down private enterprises (mostly targeting white owned businesses) to great effect. We were asked to stay home for a few months in an extremely draconian lockdown, “so that the government can prepare for the coming crisis“. Yet now they are telling us the crisis cannot be avoided, cannot be stopped and will come back again? Feeling foolish yet? They no longer think we are stupid, they now KNOW we are!

The socialist ANC government with its communist SACP passenger, has a well honed abilit
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#Holodomor Is Ramaphosa Copying Joseph Stalin’s Deliberate Starvation Plan & Using Covid-19 To Boil The White Frogs Faster?

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We look at the ANC ‘s step by step plan to achieve ethnic cleansing in Southern Africa, as it appears the ANC are using the COVID-19 crisis to reach sinister other goals like starvation, unemployment and putting whites out of business! Not only are the ANC only giving COVID19 aid to BBBEE businesses only, white squatters are not getting food parcels, but now the Afrikaans hating racist, Panyaza Lesufi plans to confiscate food donations from Afrikaner NGO’s, and give it to blacks! All this put together, with the denial of farm murders, banning of farm patrols, expropriation of what land without compensation, excluding white’s from the workplace & tertiary education with BEE laws, constantly digging up the ancient past to paint whites as bad, plus Ramaphosa’s “boiling frogs” admission, reveals an evil Soviet Union style campaign of ethnic cleansing, similar to Stalin’s Holodomor.

Like all communists, the ANC always works with a deceitful long term plan and Mario
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SA’s high unemployment rates are swept in front of Eskom’s door

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Mining houses and corporate businesses are accusing Eskom for the high unemployment rates since their pathetic service delivery is causing uncertainty in the economy.

Several institutions announcing in recent weeks that they would need to start retrenchments, unemployment has increased alarmingly rapidly and even greater retrenchments are provided.

The uncertainty caused by Eskom in the supply of electricity has forced many mining houses to generate self-sufficient power, but which is far more expensive than using the national power supply.

Eskom is also accused of being directly responsible for the poor economic situation and the fact that foreign investors are not interested if power supply cannot be guaranteed in South-Africa.

Unemployment has now reached the 29% level, which is the highest in history, and employment is estimated at 52% according to figures applicable for December.

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SA in crisis while ANC eats cake, celebrating its 108 years

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The ruling Anc party,was holding a rally in Kimberley celebrating its 108 years.This celebration, which is usually accompanied by a jovial mood of song and dance by party leaders, members and supporters, happens during a time when the country has been plunged into several crises of epidemic proportions. Can the ANC really afford to celebrate? Can it afford to pop Champagne during such difficult times faced by the country?

Poverty levels are accelerating, inequality is deepening, unemployment levels have reached the highest percentage of 29.1% in the last quarter of 2019, the highest recorded by Statistics SA since 2008, with 9.6 million South Africans currently unemployed, 8.6 million of these being black.

The economy is battling to recover from a technical recession, with the country constantly facing a threat of being given junk status by rating agencies.

One of the major crises facing the country is the power utility Eskom, which has struggled to keep the l
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New Eskom CEO faces huge challenges, first task is to unbundle the state entity

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Andre de Ruyter started his duties as Chief Executive Officer of Eskom six days earlier by visiting each of the power plants individually to familiarize himself with the circumstances of each of them.

The new Eskom boss has an enormous task upon his hands, with the first task assigned to him, to unbundle Eskom into various entities. This will be executed amid unions that are strongly opposing to the unbundling due to for fear of unemployment.

There is an uncertainty about what his assignment looks like in terms of the recovery process to remove Eskom from the financial foes, but experts say it will require more than one man’s skills to correct the mess that has been made over 25 years.

In recent weeks, Eskom has constantly threatened that load shedding will be implemented if consumers are no longer frugal with power consumption, while Ramaphosa has promised that load shedding will not resume before mid-January.

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SA Reserve Bank’s worst-case scenario fast becoming a reality – economy to lose 1.1 percentage points in growth, leading to the loss of 125 000 job opportunities

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The SA Reserve Bank’s worst-case scenario, which would see the country’s economy lose 1.1 percentage points in growth and lead to the loss of 125 000 job opportunities, is fast becoming a reality.

The central bank’s latest forecasts predict that the economy will sacrifice 0.4 percentage points in GDP growth if Eskom’s availability factor declines to 65% for a few months.

If the power station fleet staggers to 60% availability, the expectation is that 1.1 percentage points will be lost.

Up until last week, Eskom had only been able to deliver 63% of its installed capacity.

The past week saw a historic low for Eskom, with the ailing state-owned enterprise being forced to implement stage 6 load shedding (rolling blackouts).
The current wave of rolling blackouts is the fourth time that extensive blackouts have occurred in South Africa since 2007.

It is not yet known what the availability figure over this period was, but it is expected to be significa
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With love from the incompetent ANC-regime – 28,000 jobs lost in Q3, unemployment in the SA stands at around 29.1%.

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Stats SA says South Africa lost 28,000 jobs in the third quarter compared to the quarter before.

It has released its third quarter employment figures but shows that 78,000 jobs were actually created compared to the same quarter last year.

Unemployment in the country stands at around 29.1%.

Stats SA said that losses were seen in construction and manufacturing – which lost about 12,000 jobs each – while community services lost 11,000; business services 9,000; and transport 1,000.

On the other hand, figures showed that 849,000 jobs were created in the past four years.

Stats SA also looked at the health of businesses in the country.

The number of liquidations increased by 56.4% year-on-year for November.

Compulsory liquidations increased by 41 cases while voluntary liquidations increased by 38 cases.

And on a different note, average monthly earnings increased by 2.6% quarter-on-quarter and increased by 3.7% year-on-year.

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Unemployment Insurance Fund pays more than R63,000 to registered unemployed ‘ghosts’ so one man can benefit from it

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A former Department of Labor employee has been jailed by the Witbank Regional Court for 15 incidents of fraud he was convicted of.

The 42-year-old Thokozani Percy Skosana was employed by the Department of Unemployment Insurance Fund’s division, and since 2012 has made several payments to “ghosts” and was able to start the payments with a “business enterprise” where transport and general dealer services are provided. be.

His company ensured that ghosts were also registered as unemployed, and thus realized a reasonable monthly income.

The ghost story hauled more than R63,000 from the Department of Labor, which apparently cannot be recovered due to the man’s financial position.

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