You Cannot Reap Jobs From a Dead Economy

The official unemployment rate is 33 percent.

In the enclosed video, Gerhard Papenfus, Chief Executive of NEASA, says 43 percent is closer to the truth. Out of 42 million South Africans who could work, only 16 million are employed.

Government calls job creation the apex priority, then it makes it harder for business to hire.

Expropriation without compensation. Race-based employment quotas. Race-based procurement. Policy that kills growth.

A business does not create a job because a politician gives a speech. Only economic growth creates jobs.

Watch now.