If you are an unemployed person/youth looking for work in South Africa, I want you to listen to me very carefully, because no politician is going to campaign by telling you the truth.
South Africa's unemployment rate is currently 32.7%
At a sustained 5% annual GDP growth (we've barely achieved 1% for over a decade), reducing it to 20% would likely take 12-18 years.
Read that again.
Read it again.
IF 5% - maybe 12-18 years.
This assumes some translation from growth to jobs, but SA's structural issues create jobless growth. This is why investment doesn't = employment.
Even optimistic models project slow progress.
4% growth barely dents youth unemployment.
Again, Cyril and their policies can't achieve 1%.
The majority of you will NOT SEE employment in your lifetime. I'm sorry to tell you that.
The ANC has stolen your life.
Every dream you ever had.
Wrap your mind around that.
Have a blessed day.