The latest Employment Insights report from PwC paints a bleak outlook for job prospects in South Africa.
Financial services firm PwC points to certain electricity generation practices as the way forward for decreasing the drastic economic effects load shedding has on the country.
Recent observations have revealed that employees do not understand fair pay differentiation, and there is a greater lack of understanding in some companies that base employment disputes on speculation and suspicion.
South Africa wants to hire a ton of employees; however, employers are finding themselves having to work harder to acquire crucial skills that are leaving the country.
The debate over where to charge VAT on airtime vouchers in South Africa rages on.
South Africa's economic hubs will have to start taking energy generation into their own hands - with some already starting.
Finance minister Enoch Godongwana says that the government will take over a significant portion of Eskom's R400 billion debt.
A note from PwC has highlighted the importance of ‘soft skills’ among employees amid the new world of work that was ushered in by the Covid-19 pandemic.
The decreasing reliability of Eskom's energy supply and recent consistent load shedding has significantly impacted mining costs and operations - and companies are now being forced to look for an alternative, says financial services firm PwC.
Continued load shedding is setting South Africa up for a double blow in data releases for the current quarter, as both jobs and GDP data for the third quarter are looking worse for wear.
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