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Showing posts with the label South Africa economy

South Africans Don’t Need Jobs

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South Africans Don’t Need Jobs By Noko Maleka – Insight Jozi News | [22/09/2024] For decades, South Africans have been fed the same political promise: “We will create jobs.” Election after election, this promise resurfaces like a broken record, and yet unemployment remains one of the highest in the world. Currently, South Africa’s unemployment rate hovers above 32% , with youth unemployment surpassing 45% . These statistics prove one simple truth: South Africans do not need jobs — they need ownership. The tragedy of our democracy is how easily citizens have become gullible to politicians and the media. Whenever a president or political party announces a plan to “create jobs,” many celebrate without asking the most important question: Where will these jobs come from? The reality is this: no president, no matter how charismatic, can directly manufacture employment on a scale that will fix unemployment. Governments simply don’t have the mechanisms to employ tens of millions of peopl...