While the election campaign were underway, South Africa had to hear how new jobs were to come in with foreign investors coming to the country. However, the latest statistics show that the ANC president has deceived the voters, or does he not know what is happening in the country.
This is the opinion of a Pretoria economist after it became known that the number of unemployed increased by a further 237,000, meaning 16.3 million people are economically active.
The unemployment rate has risen to a terrifying 27.6%, but the ANC regime tells voters how the figure is going to fall, they just have to vote for the party.
This 237,000 increase in unemployment is for the first quarter of the year, and further increases in unemployment are expected due to the current economic recession.
Concerns have been expressed about the increase in crime caused by the high unemployment rate, and the apparent inertia with the police to seize the criminals makes South Africa an unattractive investment point.
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News
