Youth unemployment - will the upcoming elections make any difference?

Loading player...
GUEST - Nkosinathi Mahlangu, Youth Employment Portfolio Head at Momentum Metropolitan
With election day this week - and with the arrival of new political parties on the scene as the ruling party's popularity seems to drop - competition is fiercer than ever as parties campaign relentlessly in an effort to sway votes. And while politicians post their shiny manifestos and are strategically photographed out in communities Doing Good, youth unemployment continues to climb, with more than four out of every ten people aged between 15-34 currently not in employment, education or training.
Has any progress been made since the birth of democracy 30 years ago? Are we too far gone to start to turn this around? And will the upcoming elections make any difference? Nkosinathi Mahlangu, Youth Employment Portfolio Head at Momentum Metropolitan, believes there is reason for optimism - and even despite the latest unemployment stats, he sees green shoots of hope on the horizon. The question is, how will the upcoming elections help or hinder us in turning the youth unemployment problem on its head?
27 May 2024 3PM English South Africa Business News · Investing

Other recent episodes

Jetour T2 Makes History: How a Newcomer Won SA Car of the Year

For the first time in 40 years, a Chinese brand has taken South Africa’s top automotive honour. The Jetour T2 beat 55 contenders to win Car of the Year 2026. Vice President for Jetour South Africa Nic Campbell explains what set the T2 apart, why Chinese brands are rising so…
5 Jun 5AM 11 min

Retail Rebound: NIQ Unpacks SA’s Surprising Q1 Consumer Surge

South Africans spent R173.6 billion on FMCG goods in Q1 — with volumes up 9.1%. Snacks, beverages and tobacco surged, while baby food and care declined. NIQ’s Lané Klopper breaks down the drivers behind the rebound, the rise of traditional trade, and why inflation may tighten the screws again in…
5 Jun 5AM 12 min

Canal+ Lists on the JSE: What It Signals for SA’s Capital Markets

JSE Capital Markets Chief Helina Andhee breaks down the significance of Canal+’s new listing and what it reveals about South Africa’s evolving listings environment. We explore liquidity, innovation, delistings vs. new entrants, and the JSE’s strategy to attract global issuers in a competitive capital markets landscape.
3 Jun 3PM 15 min

Beyond the Rate Hike: Fuel Shocks, Credit Stress & SA’s Financial Fragility

TransUnion Africa CEO Lee Naik analyzes how rising rates, fuel spikes, and deepening credit stress are reshaping household finances. We unpack a 14% collapse in fuel buying power, soaring non‑bank loan delinquencies, and why the new withdrawal system may offer less relief than expected. A data‑driven guide to absorb, adapt,…
3 Jun 3PM 13 min

Can BRICS Absorb SA’s Confidence Shock? Advocate Xulu on Trade

BRICS Business Council’s Advocate Mtho Xulu joins us to discuss South Africa’s widening BRICS trade deficit, the urgent need to shift from raw exports to value-added manufacturing, and whether BRICS-Plus markets can help offset domestic demand weakness. A strategic look at SA’s place in a rapidly shifting global trade environment.
3 Jun 2PM 11 min