YACOOB ABBA OMAR: Green shoots start offsetting mushrooms of decay in recovery
Despite cynical talk of the demise of the middle class, vital moves by the state boost the more frequent good news
21 September 2021 - 14:49
The news is dire: GDP has shrunk to its 2017 size, having grown just 1% annually on average from 2008 to 2019 and contracting 6.4% last year.
Hunger and poverty stalk the land, while SA’s “reserve army” of unemployed in 2021 is 12-million strong, representing 34.4% of the economically active population. The youth are worst affected at almost 75% unemployment...
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