Posts tagged with 'economic growth'

 

Two Faced Ramaphosa Takes The Low Road of Handouts, Revenge & Flogs The Dead Apartheid Donkey Again, Despite 24 Times More Murders Under ANC Regime Than Apartheid!

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Two Wrongs Do Not Make A Right: Choosing the socialist road of enforcing dependency from handouts and victimhood, Ramaphosa, who became a Billionaire simply because he is black, has such a distorted world view, because his billions were just handed to him, he has no concept of what success or viability or sustainability or nationhood is. Like all Socialists, he seems to think the gravy train has no end and he can just keep punishing the hand that feeds him on the gravy train, whilst rewarding those who steal, plunder and vote for socialist grants. Ramaphosa has essentially admitted defeat when it comes to getting South Africa prosperous again, he appears to have no interest in that whatsoever.

Cyril Ramaphosa, seems to have changed direction and has moved on from blaming CCPvirus and has gone back to put the blame for South Africa’s imploding economy, before the outbreak of the CCP-virus, squarely on the shoulders of the usual suspect – ancient hi
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New health plan poses huge risk to SA’s economy and would be disastrous if implemented – even far left FW de Klerk Foundation have their doubts

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The ANC regime has South Africa’s people in a huge dilemma with its National Health Plan.

Foreign media reports that a government spokesman said the plan would be implemented gradually, but that would depend on the economic growth achieved.

Experts point out that the country will not show any significant growth in the next five years, with the massive unemployment still rising.

The plan is believed to be “rolled out” in phases as economic growth improves, but experts point out that nothing has been said about what will happen if the economy recedes further.

Opinionists believe this will mean that the tax assessment could increase dramatically, and ultimately the entire Plan fails.

Even the far left FW de Klerk Foundation believes implementing the Health Plan will be a disaster again for South Africa.

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Economic growth and housing in South Africa are not keeping up with population increase- housing shortage is a disaster waiting to happen

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Everyone in South Africa deserves human dignity, a habitable home and food on the table. The reality, however, is that the country’s economic growth rate of less than 1% is not keeping up with the population increase of 1,5% and unless that changes, we will be faced with unemployment and poverty.

There are people who are able to afford homes, but then homes are not readily available and that complicates matters unnecessarily.

There are many causes for the housing shortage in the country. One is illegal immigration. There is an unbridled influx of people across our country’s borders. Corruption is another big problem. Millions of rand that could have been used for housing has been lost. Similarly, the loss of expertise is another contributing factor.

The housing problem is bound to get a lot worse very fast due to the depopulation of the rural areas as there is a shortage of jobs. People go to the cities in the hope of finding a job.<
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Unemployment rates rise to 27.6% and remain one of SA’s biggest challenges

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Statistics South Africa announces that unemployment rose by 0.5 percentage points to 27.6% in the first quarter of this year. The figures confirm economists’ presumption that economic growth in the first quarter was negative and unemployment remains one of SA’s biggest challenges.

The SA economy started on a bitter note this year with unemployment rising to 27.6% after being 27.1% in the fourth quarter of 2018. The number of people employed is significantly less than a year ago and declined by 86,000 people to less than 16.3 million people.

By contrast, the number of unemployed increased by 3.7% to 6.3 million and the number of discouraged job seekers by 7.5% to nearly 3 million. This means that nearly 9.2 million South Africans of working age are not in school, do not study further and are not voluntarily unemployed. The figures come from Statistics SA’s quarterly employment survey (QLFS) for the first quarter of 2019, but growth fig
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