The ongoing power cuts in South Africa are expected to result in the shedding of at least 350 000 jobs, despite projections of 3.9% economic growth for 2021.
The number of employers inthe small and medium enterprise (SME) sector has risen by 6% year on year, according to the latest Absa SME Index. The index rose to its highest level in four years, though self-employment showed a slight decrease from the first quarter of 2013, Absa
Creating jobs isn’t just expensive, it’s getting more expensive. Cloud computing may offer one way of reducing the cost, meaning money allocated to job creation could go further and reduce unemployment faster in the process. This is the view of economist Mike Schüssler