STATEMENT: WHO IS GETTING RICHER AND WHO IS GETTING POORER?
Statistics South Africa (StatsSA) has just released the most recent employment statistics. The unemployment rate now stands at a 14-year high of 27.7%. If those who have stopped looking for work are included, the rate is a staggering 36.4%!
This tragic and disconcerting news is being drowned out by the “bigger” stories of state capture, leaked Gupta emails and other corruption and mismanagement in state-owned enterprises like Eskom and SAA. These stories have one golden thread running through them: mega enrichment of a few by any corrupt means necessary, using public funds and usurping state power for individual gain.



