There's really something wrong with us South Africans, why is it that we can't survive in our own country but other people from other Countries (African) manage to do so? 🤨🙄
WHY QUALIFIED YOUTH CAN'T GET HIRED
South Africa faces a paradox: youth unemployment sits above 45%, yet employers struggle to fill vacancies.
ASDSA chairperson Thandi Mabena calls for employers, educators and policymakers to align learning with real labour market needs, rather than simply producing more qualifications.
Full story - https://t.co/rAZoIemv0g
You can earn very well and still feel stuck. I think about this often. So many people bring in a good income yet still live paycheck to paycheck, simply because no one ever showed them what to do with what they earn. Earning more does not fix it on its own. Knowing how to manage and grow your money is the part that actually changes your life.
This is why I believe financial education belongs alongside the basics we all learn growing up. It shapes everything, yet most of us are left to figure it out alone.
The more we change that, the better.
This is not financial advice, just something to think about.
I was speaking to the owner of a major pawn shop in Boksburg quoting him for his business insurance and he says the Emperor's Palace parking lot has close to 30 suicides a year from gambling depression. This is insane. 💔
IT FAILURES COST SA MILLIONS
South African businesses are losing between R3.2-million and R30-million per 1,000 employees each year due to IT failures, according to ASI Connect.
Reactive "wait until it breaks" strategies don't save money, they simply shift costs elsewhere, often damaging customer trust and employee morale in the process.
Nearly half of staff say ongoing tech problems affect their ability to serve clients, and companies with unreliable systems see a 105-point gap in employee satisfaction scores.
ASI Connect recommends a three-part strategy - https://t.co/i5s38OoXDz
Pictured - Sega Tiro, Executive of Commercial and Growth at ASI Connect
South Africa keeps arguing about which degrees are "useless" and which ones guarantee a job, and Sim Tshabalala just quietly ended that entire debate, saying a university degree was never about preparing you for a specific role, it was about teaching you to think, to be systematic, and to be disciplined.
That is a different way of measuring value than the one most families use when a matric student picks a degree purely because an uncle said it "pays well," and it explains why so many graduates with the "right" degree still struggle while others with unconventional ones somehow find their footing.
It also lands differently coming from the head of a R3 trillion bank, a man who studied philosophy and law before ever touching finance, proving that the discipline and reasoning built in a lecture hall travel far beyond whatever subject that lecture hall was named after.
Stop asking which degree gets you a job, start asking which one teaches you how to think, because that is the qualification the market can never take away from you.
BREAKING:
DA Bleeder, Geordin Hilll-Lewis it’s the DA’s turn to eat as “the ANC can’t have all the fun alone with the rigged tenders”.
The on-form Geordin further asserts that just because suspected DA thug, Mark Burke circumvented exchange-control rules to move about R4 billion offshore doesn’t mean he is guilty of any wrongdoing. It’s not immediately clear if crypto-finance whizkid Mark Burke has since been cleared by the DA Integrity Commission.
Capitec made R16.8 billion in profit last year.
The actual banking made R6.9 billion of it.
Airtime, data, electricity and funeral cover made R8.9 billion.
Your bank is not really a bank anymore 🧵
Its because if you buy a house. You buy stability. If you have stability - you have foundation. When you have foundation you start to grow. The government intentionally wants to keep their foot on the throats of south africans and driving them into debt because by doing so they kill the fighting spirit of a nation. They intend to make south africa like north korea in the way they control the citizens.
South Africa’s affordability logic is strange. You can qualify for a R1 million car that loses value every year, but the bank may tell you that you can’t afford a R1 million house. The car needs to be paid off in a few years. The house can be financed over decades. So why is it sometimes easier to finance consumption than a roof over your family’s head?
A CEO runs a company that has 10,000 employees that earn R8000 each per month.
>> He earns R1 million per month, which is R100 per employee.
Another CEO runs a company that has 500 employees that earn R20,000 each per month.
>> He earns R250,000 per month, which is R500 per employee.
Guess which CEO gets attacked more online...???