Chart: Will South Africa lose 50% of its jobs due to COVID? – My Comments
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White South African Murders page: Murders of Whites from 1996 to 2016
On this page, are collections of the names and details of Whites who were murdered during the period 1996 to 2016. The true number of Whites killed in South Africa since 1994, is stupendous, and nobody has got even a fraction of all the names. But this is the most comprehensive collection that the Boere State Party has currently. My own attorney told me that he thinks 100,000 Whites have been murdered during Black rule.
[The original article does not say this. However, if you look at the chart for the worst case scenario, you'll see that in South Africa the total workforce seems to be 15 million and that in a worst case scenario we could lose all of those jobs. I tend to think, in the South African case, that we should look at the slow recovery as the most likely scenario. I cannot see how it can be a fast recovery. Jan]
South African President Cyril Ramaphosa warned of widening job losses as the effects of a shutdown to curb the spread of the coronavirus batters the economy.
Companies in the aviation, construction, entertainment and hospitality sectors have indicated plans to cut jobs because of heavy losses experienced in the past three months, Ramaphosa said Monday in his weekly newsletter. Small companies are being hard hit and some businesses are closing down permanently, he said.
South Africa’s unemployment rate for the first quarter, due Tuesday, is forecast to rise to 29.7%, according to a Bloomberg survey of economists. That would be the highest level in the statistics agency’s current data series dating back to 2008. Telkom SA and local Walmart unit Massmart are among companies that announced plans to cut thousands of jobs even before the lockdown started on March 27.
“For a country which was already facing an unemployment crisis and weak economic growth, difficult decisions and difficult days lie ahead,” Ramaphosa said.
More than 7 million jobs could be shed in a worst-case scenario due to the impact of the virus and a lockdown that brought economic activities to a standstill, the National Treasury told lawmakers in May.
Africa’s most-industrialised economy could contract by 7% this year, according to central bank estimates. That would be the most since the Great Depression, when output fell by 6.2% in 1931, central bank data show. Finance Minister Tito Mboweni will give more details on the virus’s economic impact when he presents a revised national budget in parliament on Wednesday.
Source: https://www.moneyweb.co.za/news/south-africa/ramaphosa-warns-of-more-job-losses/
Video: WW2: Waffen SS: We Dreamed of something MARVELLOUS
If all Whites understood what Hitler was trying to do, ALL Whites, everywhere would all have become NAZIS! In this video we take a look at the Belgian Leon Degrelle who became a NAZI and later an officer in the Waffen SS.
