On the 100, 000 jobs in 12 months
Friday, May 17, 2019
There would be more poverty and more suffering. A seasonable, incentivised adjustment of the minimum wage would be more realistic.
And then there is the twin Umbrella for Democratic Change (UDC) issue of the one 100, 000 jobs in 12 months.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...