Monday, March 18, 2024

The Economic Crisis

South Africa is living in "Per Capita Recession" This means that the economy has reached a point where it is experiencing what is often referred to as a "per capita recession." In simple terms, this means that the country's economic growth is not keeping pace with its population growth. As a result, there is a decrease in economic output per person in the country.

from Mpho Dagada https://www.youtube.com/watch?v=c4mRTmbbeYY

No comments:

Post a Comment

SARS Is Coming For The Taxis.

SARS has named the informal economy and the taxi industry as priority sectors for broadening the tax base. In the same fortnight, the FSCA p...