Our debt-to-GDP ratio is growing, we're running a problematic current account deficit, state-owned companies are a drag on the economy and our bloated public service wage bill needs to be trimmed. We're running out of money, and fast.
A significant amount of reskilling and upskilling is necessary to prepare the workforce for future jobs created by the fourth industrial revolution, according to a report.
Equity markets failed to bounce on Thursday as investors looked for more signs of government commitment from the Jobs summit held in Midrand.
Read the full statement delivered by President Cyril Ramaphosa at the opening of the Jobs Summit.
Experience as a requirement for job applicants is one of the biggest challenges for youth seeking to enter the labour market, says the National Youth Development Agency.
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