We are told, ours is among the most progressive constitutions in the world. Yet, many do not seem to experience most benefits of rights enshrined in our Constitution. From an economic perspective, “we have it all” in South Africa: the Industrial Development Programme, Black Economic Empowerment, Automotive Investment Scheme, Film and Television Production Incentive schemes, just to name, but a few. But there are many more such programmes, mainly offered by the public sector.

One department alone, promotes many more such programmes. Visit theDTI website to see how progressive many of government’s well-intentioned incentive programmes there are. These programmes aim to provide support in resources and technical expertise across different sectors of the South African economy.

Notwithstanding, there many other organisations such as the Public Investment Corporation, the Land Bank and Development of South Africa, among others also offering some form of assistance.

Despite the vastness of progressive intervention programmes, our economy is not performing and unemployment and poverty levels are worsening daily.

What is the problem? Why is there so much support yet so little improvement in many ordinary people’s welfare? Why, in the era of unprecedented number of graduates in the history of South Africa, do we still have so many unemployed? By Nimroth Gwetsa, 31 October 2017. Continue reading →