The government is not acting with enough urgency to make job creation a priority
In August, SA notched up its highest recorded unemployment rate, capping more than a year of economic shocks that started with the arrival of the Covid-19 pandemic.
The path to a full economic recovery is littered with risks, but possibly the most serious of these is that it will be too slow to prevent a fresh outbreak of unrest on an unstoppable scale as the hardship inflicted by continuous lockdowns stretches the tolerance of the economically marginalised to breaking point.
The treatment of the alcohol industry over the course of the Covid-19 pandemic is an example of how not to go about it. Arbitrary bans on alcohol have deprived tens of thousands of people of a source of income, and not only those directly employed in the sector. Waiters, security guards, truck drivers, workers in packaging manufacture, farm workers and hundreds of service providers depend on the alcohol industry for their living.
This is a recipe for disaster, as we saw during the unrest, when 331 alcohol retailers and outlets were plundered, damaged and burnt, and more than R500m worth of alcohol stock was looted.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Desperate pensioners build their own clinic, but health department breaks promise to send nursesEastern Cape health department blames bad roads for failure to supply nurses.
Read more »
Steinhoff wants top court to set aside liquidation rulingRetailer seeks to overturn high court’s decision that liquidation hearing can take place in SA
Read more »
WATCH: SA is an ‘expensive Asia’Michael Avery and Investec’s Michael Power discuss unemployment in SA
Read more »
YouTuber Gabrielle Petito missing after road trip with fiancé | ChannelGabrielle Petito has gone missing while travelling cross-country with her fiancé, Brian Laundrie, now a person of interest in the case.
Read more »
eThekwini municipality withholding incriminating evidence, say Currie Road litigantsDurban community watchdog group Save Our Berea (SOB) and advocate 'Pops' Aboobaker, who are embroiled in a court battle over the development of the multistorey apartment building at 317 Currie Road, claim eThekwini Municipality is withholding “incriminating documents” relating to the approval process for the building.
Read more »
September 15 marks Online Learning DaySeptember 15 marks Online learning Day. Already popular in America, many South African families are also opting for online learning.
Read more »