News on unemployment in Africa

Unemployment issues in South Africa have recently risen sharply as the country feels the economic impact of the Covid-19 pandemic.

It been a tough battle with covid-19 and its attempt to control the virus outspread, South Africa is suffering from the the increasing rates of unemployment that has reached 30%, as lot people have lost their jobs as a result of the recent pandemic and the ensuing lockdown.

Since the first three months of the year, 350,000 joined the ranks of the unemployed, taking the total number up to 7 million jobless people in the country.

Most companies and organisations were seriously hit with result of the coronavirus outbreak, and witnessed a great deal of job losses, including banking, agriculture, and community services. According to the national treasury, a total of 1.8 million jobs could be lost as a result of the current pandemic, while unemployment might surge to 50% in the worst-case situation.

South African as a nation may experience another tough day on Wednesday as the finance minister Tito Mboweni is set to discuss the supplementary budget. He is expected to declare an unprecedented budget deficit and unmatched fact in economic growth.

In view of the economic conditions and people threatened to lose their jobs, taxi driver went on strike yesterday to express their dissatisfaction with the current situation and the way the government is resolving their issues.

The government offered a relief grant worth R5000 (257 euros) for each vehicle, which taxi workers found totally inadequate and unfair. They are set to hold talks with the government this week to discuss their issues.