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Budget fails to find unemployment crisis solutions

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Budget fails to find unemployment crisis solutions

22nd February 2024

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/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

The African People First (APF) is spearheading an intensified campaign to restore people’s dignity.

 As South Africa finds itself with a rise in unemployment, particularly among its youth and educated population, the need for action has never been more urgent.

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 The recent data from Stats SA paints a stark picture: 22,000 fewer individuals employed, exacerbating the already dire situation where millions live below the poverty line, deprived of opportunities and dignity.  More issues ranging from crisis in the logistics sector to declining revenue in key industries manufacturing and mining, the need for action has never been more pressing.

 The recent data paints a concerning picture of slow economic growth, highlighting the need for innovative solutions, visionary leadership, and meaningful changes that will place importance on the well-being of all South Africans.

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 Unemployment is not just an economic issue; it's a social crisis with far-reaching consequences. The correlation between unemployment and social ills like crime, substance abuse, and gender-based violence is undeniable. Therefore, tackling unemployment isn't merely about generating jobs; it's about restoring hope, dignity, and security to millions of lives.

Millions of Africans remain landless, unemployed and are living below the poverty line. It is alarming that the majority of the unemployed are youth and most are graduates. This has a direct impact on the high rate of crime, drug abuse and GBV.

The APF has programs aimed at poverty alleviation and job creation. APF is currently running farming programmes such as Cassava which produces flour, pig and firming and fishing. APF is also running several business and skills programmes to assist women and youth to enter into the business world. On the other hand APF is running a free job placement and recruitment program to assist unemployed individuals to find work and also companies to find good and reliable employees.

A month after the many challenges there is a glimmer of hope in the recent budget speech. Allocation of R35 billion in 2025/26 and R36.7 billion in 2026/27 to extend Covid -19 (SRD) grant beyond 2025 for those vulnerable in society  

In Addition, the increases in social grants, including increases to old age, war veterans, disability, care dependency, foster care, and child support grants, will provide much-needed relief to nearly 19 million South Africans who rely on these vital lifelines.

 It is important that we do not lose sight of the critical issues that continue to plague our nation. The crisis in the logistics sector and the decline in revenue from key sectors are symptoms of deeper systemic problems that require urgent attention. We cannot afford to merely address the symptoms; we must tackle the root causes of economic instability head-on.

 However, addressing South Africa's unemployment crisis requires a collective effort. While organizations like APF play a significant role, sustainable solutions foster collaboration between government, private sector, civil society, and communities. Policymakers must implement viable economic policies, invest in education and skills development, and create an enabling environment for entrepreneurship and job creation.

The fight against unemployment is not just about statistics; it's about transforming lives and building a more inclusive and progressive society. Through action and unwavering commitment, we can open the path for a brighter future, where every Citizen in South Africa has the opportunity to thrive with dignity and purpose.

 In conclusion, while there are positive aspects to be acknowledged, we must hold our government accountable for addressing the many issues facing our nation. Transparency, accountability, and good governance are non-negotiable conditions for progress. It is only through collective effort and unwavering determination that we can push forward to build a South Africa where dignity, opportunity, and prosperity are accessible to all. Let us stand united in this mission, driven by a shared vision of a brighter future for our beloved nation.

 

Issued Muzi Hlengwa President of the Africa People First (APF )

 

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