Cigarettes & Alcohol are tools for Covid Guilt: As the COVID-19 epicentre moves to South America, we now know that the potential risks and impact, once the CCP-virus reaches its peak in South Africa, will not be the 351,000 deaths that ANC modelers claimed, yet despite that, we were still held hostage at home? It is clear the single biggest driver behind the ANC’s draconian reaction, apart from its lust for power and money, is its fear that the virus will expose ANC’s failure and inadequacies. The ANC’s health system was not coping before COVID19, so how on earth could it cope with a pandemic? Already Bloemfontein is running out of burial plots! So the ANC’s default reaction, as far left socialists always do, is distract, delay and destroy, until the original problem, i.e. their failure, is lost in the confusion and they can blame everything and everyone else but themselves. The entire health system, army and police a
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ANC Regime Blames & Punishes Citizens Because it Can’t Cope with CCP-Virus Peak! ANC Used Fantasy Modelling to Scare us into Lockdown & Grab More Powers!
What a load of bull! – According to Stats SA, whites earn three times more than black people! – What do our readers say about this?
Times Live recently published an article that about Stats SA’s latest report saying that the country is still one of the most unequal in the world. Inequality Trends in South Africa, released on November 14, showed that white people earned three times more than black people on average, two decades after apartheid.
The report also found that the wage gap between SA’s groups increased between 2011 and 2015.
It said black households faced the highest level of unemployment and earned the lowest wages, while white people’s salaries were higher.
The earnings of white people were about three times more than those of black people. Whites also had the highest annual median expenditure.
The average monthly earnings among black people were R 6,009 in 2006 and R9,186 in 2015, while the figures for the white population were R77,308 in 2006 and R100,205 in 2015.
Statistician-general Risenga Maluleke said income earnings in SA remai
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Markets give negative verdict, dark picture is being sketched despite the political euphoria surrounding Ramaphosa
According to the latest economic figures recently released by Stats SA from the SA, a negative picture is being sketched despite the political euphoria surrounding president Cyril Ramaphosa and the steps he takes to curb corruption.
These figures show that in the first quarter of this year, the economic growth rate was lower than expected, while GDP shrunk by a shocking 3.2%. This fall has been the biggest fall since 2009 when the economy contracted 6.1% during a global economic downturn.
The manufacturing sector has shrunk by almost 9%, but all sectors have declined, with the agricultural industry being the weakest with a negative growth rate of -13.2%. After the SSA announcement, the Rand fell by 1.4%, while banks dropped by 3.2% on the JSE. Economists believe these growth rates can force the Reserve Bank to lower interest rates later this month.
With a significant 3.2% reduction in quarter-on-quarter GDP growth and 0% year-on-year growth
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Worrying news for the local economy – Statistics show that the South African tourism sector is in decline
Report from Statistics South Africa has shown a negative trend in the tourism sector.
The South African attraction
South Africa is a beautiful and diverse country. It, therefore, comes as no surprise that it has been a popular tourist destination with global travellers since it rejoined the international stage in 1994.
So much so, in fact, that is has become a crucial sector of the economy and provides strong social and economic value to millions of locals in South Africa every year.
The net result of this is that facts and figures pertaining to the industry are keenly watched and the published findings from Stats SA do not make for optimistic reading.
Problems affecting the tourism industry in South Africa
Unfortunately, the country has its problems, both self-made and natural, and it seems the combination is starting to take its toll on the tourism sector.
Certain issues faced by the industry are unavoidable, such as
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