Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

employment thumb100 BusinessLive reports that according to Thamsanqa Mazwai, special adviser to the minister of small business, townships have the potential to drive economic growth in SA.  

He said at a seminar on the Department of Trade and Industry’s rural and township industrial economic development programme on Wednesday:  "Most people live in townships so the jobs and opportunities must go to where the people are."  Twenty-two million South Africans live in townships and informal settlements, accounting for 38% of working-age citizens, but these areas also account for 60% of the unemployed.  Unemployment in SA reached historical highs of 27.7% in 2017, although the government is confident that with support, townships and informal settlements are poised to become major job creators.  The biggest challenge for economic development in rural and township economies is said to be transforming them from markets to active economies.


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