Tag Archives: unemployment

Saluting You (The Small Business Owner)

Mike Hampton Posted on by

Electricity surges like only electricity can Rates make a date with government like only government can The politicians fight in a way that makes no difference to my brother’s drug addiction, my daughter’s primary school fees, my matriculating son’s future or my stressed spouse’s opinion of me Yet I open the doors to my business everyday… plotting revised adverts and word of mouth specials to locals in the same position as me whilst wondering which staff member I will have to let go next, maybe someone in worse position than … Read the full article…

The truth may be bitter but sharing it is sweet!

Social Grants Recipients Surpass Those With Jobs

Mike Hampton Posted on by

There are more people receiving social grants in South Africa than there are people with jobs. This is the finding from the latest South Africa Survey published by the IRR last week. Furthermore, as the economy slows, the government will find it harder to expand the rollout of grants, or to increase their value. According to IRR analyst Gerbrandt van Heerden: “In 2016, there were 15 545 000 people with jobs in South Africa while 17 094 331 people were receiving social grants.” Van Heerden said, “The numbers are a recipe for … Read the full article…

The truth may be bitter but sharing it is sweet!

What Happened to Forest Ownership?

Mike Hampton Posted on by

In 2000 Government took a decision to phase out 45 000ha of forests in the Western and Southern Cape Region. In 2007 the VCON report recommended that 25 000ha be replanted. In 2014, Louis Hale Consultants did a study and made some recommendations to Government. The findings and recommendations of that study are still unknown to date. A gap of 7 years exists between 2007 and 2014, irrespective of pleas and recommendations from within the Forestry Sector. Because there has been no replanting, there has been no growth of new … Read the full article…

The truth may be bitter but sharing it is sweet!

South Africa Facing Big Financial Challenges

Mike Hampton Posted on by

This was a speech by Gill Marcus, Governor of the South African Reserve Bank (SARB), at the SAICA Business Breakfast, Rosebank (June 10 2014): Good morning and thank you for the opportunity to be with you today at this event organised by the South African Institute of Chartered Accountants. According to the World Economic Forum, South Africa was again ranked number one globally in strength of auditing and accounting standards. This ranking is a tribute to SAICA and to all of you here today. Unfortunately, these rankings while pleasing, are … Read the full article…

The truth may be bitter but sharing it is sweet!