The Implications of the Global Economic Crisis for Industrial Sectors in South Africa

Throughout 2008 it seemed that the effects of the growing global financial crisis were largely passing South Africa by. By comparison with many developed countries, its financial sector and to a large extent its economy remained strong. However, from the start of 2009, the second-round effects began to affect the economy, through substantially reduced international…


Halving Unemployment by 2014:What will it take?

Government committed to halving unemployment between 2004 and 2014. Altman considers the following questions: how fast might the labour market grow, and what rate of job creation will be needed to achieve this target? Has the South Africa economy yet embarked on a sufficiently labour-absorbing path? Is Government policy moving in the right direction?