Few young people take up training in the 13 key critical areas of the artisan economy, as most prefer going to university after high school.
While South Africa’s unemployment rate of 27.1% in the fourth quarter of 2018 reflected a figure of 6.14 million jobless people – with youth unemployment above 50% – lack of skilled artisans has been singled out by experts as a major barrier to job creation and economic growth.
On top of the growing debt, coal quality and delivery remains a problem.
Moody’s credit opinion issued yesterday on the heels of its recent decision to keep South Africa’s credit rating one level above junk, said elevated government debt and contingent liabilities risks from state-owned enterprises (SOEs), limited government’s ability to absorb shocks.
The platform will be launched alongside the SA SME CEO Fund Circle which aims to finance and scale up black emerging businesses.
An online trading platform aimed at linking registered small, medium, and micro enterprises’ (SMMEs) to supply chain opportunities from large South African corporations that have integrated global footprints will go live today, 28 March 2019, following its official launch by President Cyril Ramaphosa.
Imports from Brazil are not only killing the local industry, but could kill consumers because of salmonella risks, the body’s boss says.
The department of agriculture, forestry and fisheries has been asked to ban chicken and poultry products imported from Brazil after several health risks rocked the international market.
The countries have signed 21 bilateral agreements between them.
As President Cyril Ramaphosa jetted into eSwatini, formerly Swaziland, over the weekend to hold discussions with King Mswati III, Transnet Freight Rail (TFR) yesterday said “much progress” was being made towards the construction of the R30 billion, 150km railway line – the Swazi Rail Link (SRL) project.
Presidency spokesperson Khusela Diko said the two countries had structured bilateral relations conducted through the Joint Bilateral Commission for Cooperation (JBCC), established in 2004.