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While we all like to remain positive and approach life with an optimistic outlook, it is sometimes difficult. And there is no easy way to say what I am about to say: South Africa is in an economic slump and we are going to feel the effects.
Global economic developments.
Sanisha Packirisamy (Economist) and Herman van Papendorp (Head of macro research) from MMI Holdings have put together a Macro Bulletin to gauge South Africa’s current macro temperature.
According to Stats SA’s Quarterly Labour Force Survey (QLFS), total unemployment increased by 188 000 to 5.4 million in 3Q15 from 5.2 million in 2Q15.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?