"I think I’ve just been retrenched." These were the first words a friend said in a phone call I received as I started writing this piece.

"What do you mean?" I responded, caught by surprise. You see, this friend is a director of an NGO formed to help stem the crisis of youth unemployment. The irony was painful, given our efforts to create jobs and shared prosperity.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.