Kaya Biz, 27 Apr Solopreneurship – the only realistic option for South Africa’s unemployed youth - With current youth unemployment of 65.5% in South Africa, it is clear most young people will not get a formal job. Realistically, only a small proportion of them could potentially develop into high-growth entrepreneurs. Michelle Matthews discusses how solopreneurship might offer opportunities for South Africa’s unemployed youth.
Kaya Biz, 28 Feb The Constitutional Court ruling on salary increase for public servants - South Africa’s top court upheld a ruling by a lower tribunal that allowed the government to renege on salary increases for public servants, bolstering its efforts to rein in runaway debt and the budget deficit.
The Constitutional Court announced the ruling in a judgment published on its website on Monday.
The government backtracked on an agreement to raise pay for about 1.3 million employees in 2020, the final year of a three-year deal. The move was as part of an effort to contain its wage bill, which grew at an inflation-beating annual average rate of 7.3% before the onset of the coronavirus pandemic.