Fix Eskom for the sake of jobs and SA’s economy
May 01, 2021
3 minutes
ZINGISWA LOSI
ANA Archives
SOUTH Africa’s economy is facing its worst crisis in a century with unemployment at more than 40% and rising. Women and the youth bear the brunt of this economic stagnation with unemployment rates of 46.5% and 57.2%, respectively.
The economy, as measured by the GDP, shrunk by 7% in 2020. To put this figure in perspective, the analysis of Statistics South Africa underscores the fact that this is the biggest annual fall in output since 1946.
While Covid-19 has worsened an already bad situation,
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