Lerato Mokoena is the Business and Technology Editor and covers the economy, the markets and the technology the country runs on, from the JSE to the grid to the networks in between.
South Africa is spending about R1.2 billion every day servicing government debt, according to the Medium-Term Budget Policy Statement. Treasury says the ratio has stabilised and will decline, but unemployment at 33.6 percent shows how slowly that relief reaches households.
Job hunting costs money before a single rand of salary arrives. JOBJACK co-founder Heine Bellingan says employers can lower that bill for entry-level job seekers without lowering their standards.
