Tag Archives: unemployment

The bug in South Africa’s economy hindering job creation and prosperity for all

As South Africa’s GDP is the largest, but with more unemployment than some countries with a lesser GDP and with more people. Who then is enjoying a bigger chunk of the GDP? It is foreign investors and elite locals.

The question could be, how then to liberate our GDP so that it’s enjoyed by a deeper percentage of the population.

One could say through intensifying affirmative action especially in the business sector. But that would be missing the point why we aren’t creating jobs.

South Africa today greatly challenged outside Apartheid

Thanks to our struggle heroes, today we can utter ‘us’ in reference to black, white, coloured, Indian and the other races that make South Africa.

Apartheid has done disfavour to the progress of South Africans, more especially to blacks. Undeniably, apartheid was about economics, favouring one race and brutalising others.

Post 1994, we have worked hard to achieve ‘us’ in reference to all races of South Africa. Social programmes and economic programmes were devised to rid the harm that apartheid and colonialism had endorsed.

Of importance in building South Africa is not only ‘bringing us together’ and affirmative empowerment, but mainly forward peering economic development models and innovations. Affirmative empowerment can’t thrive outside holistic economic growth. Black economic empowerment through government tenders should not, as it is, disrespect private South African economic growth.

Surprise surprise – the cure to unemployment

Whenever we talk of unemployment, we tend to miss what primarily runs economies and employs people: commercial products by those people called entrepreneurs.

These products then employ human skills. So therefore, for more unemployed human capital to be utilized in the economy, we need more and new entrepreneurs to introduce their product ideas. Economic products lead in controlling the employment of human skills.

The two major problems in South Africa in terms of creating employment

The attitude that let apartheid persist still prevails

17 years into the so called democracy; a lot has been done but more is still not done. Poverty and unemployment are scourges that still thug our society.

Of recent was the successful economic freedom march which travelled from Johannesburg CBD, to Sandton then finally Pretoria. A distance of approximately 60km travelled over 24 hours straight. Young man and women; mostly unemployed; took part in the march.

Starting the organisation AFRI BIZ CULTURE

AFRIBIZCULTURE ; short for African business culture; is meant to be an organisation; which through African youth; does as it says.

An organisation by the youth; having a say and hand in shaping their Africa. That is advising all stakeholders (government, business; citizens; youth; parents etc) of what is needed to take Africa to that African owned prosperity.

We are fostering a business culture where business becomes part of society. By having a share; in the same values and interests. Since business is based on supply meeting demand.

We are in Africa; we all know all the challenges that African faces. So; a solution to such challenges is what we value.