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Tag: Unemployment

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...

Youth vulnerable as unemployment stays at highest rate since 2003

Unemployment in the second quarter of 2017 stayed steady at 27.7% from the previous quarter, but declined by 1.1 percentage point year-on-year, Statistics South Africa announced on Monday. The current...

Rise in the unemployment rate represents double trouble for South Africa

The rise in the unemployment rate represents double trouble for South Africa, says the Cape Chamber of Commerce and Industry.   Firstly, having nearly six million people out of work creates...

DA concerned by Stats of youth unemployment and poverty in the country

The DA in the Western Cape notes with the statistics released by Stats SA on the state of youth unemployment and poverty in the country. I will write to the Minister of...

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Substantial cost savings achieved as Konecranes upgrades old Wolff Crane

A 35 T/15 T Wolff Crane, that was installed in a local metal plant in 1989, was recently upgraded by Konecranes. The modernisation of...

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