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Thousands of paint industry jobs at risk

Thousands of jobs and the future existence of South African based paint manufacturers are at risk because of a government decision to negotiate the abolition of Chapter 39 import duties, specifically resins, from the East African Community (EAC) and Egypt.

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Why are so many of South Africa’s youth unemployed?

The reasons for the high level of youth unemployment have been discussed ad nausea, and, of course, the downgrade of South Africa’s sovereign credit rating by the three most important ratings agencies, Moody’s, Fitch and S&P, come into play, as does the country’s nosedive towards a full-blown recession.

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