Riyaz Patel
President Ramaphosa has failed to show leadership following Tuesday’s bleak unemployment figures and Eskom’s record R21bn loss, DA leader Mmusi Maimane has charged.
Dubbing it a “double-blow” to the South African economy, Maimane said “almost 24 hours have now passed since yesterday’s devastating news and the president has done nothing to address the nation or provide leadership at this time.”
“South Africans and potential investors need to hear this certainty at this time.”
DA LEADER MMUSI MAIMANE
Figures released by Stats SA for the second quarter showed that for the first time in democratic South Africa, as many as 10.2 million people do not have a job or have given up looking for a job, with the expanded unemployment rate climbing to 38.5%.
“This is symptomatic of an all-out economic crisis,” Maimane said.
The second blow was the announcement that Eskom had recorded a R20,7 billion loss
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