Jobless rate in the COCT drops for a fifth straight quarter
We start on a positive note as the City of Cape Town has revealed that more than 263,000 jobs had been created over the past year. This brings the City’s unemployment rate down by 7 percent. With this 56,000 jobs had been created in the last quarter alone, with it becoming the fifth straight quarter of jobs growth in the metro.
Meanwhile this seems to be the good news nationally, as Stats SA revealed this week that the unemployment rate in the country decreased to 32,6 percent in the second quarter of this year. According to statistics 16,3million South Africans are currently employed which is almost at the pre-Covid levels where the figure stood at around 16,4million.
Opposition parties begin two day convention to workout plans to boot out ANC at next year’s elections
Opposition parties joining hands in the hopes of ousting the ANC in next years elections are meeting today and tomorrow for their moonshot pact convention in Kempton Park. The parties are set to discuss and formalise terms of agreements that will guide their coalition. Two parties have expressed concern that the DA has left the door open for a possible super coalition with the ANC, something the DA has denied. With that, one of the key focus points of the convention will be whether a formal commitment will be formed for all parties not to go into a coalition with the ANC.
Slow internet speeds to be with us for months to come-experts
We are going to have to buckle up and brave slow internet speeds for a few more months. That’s the warning from experts who say that the rock fall in the Congo Canyon which damaged an undersea fibre cable about a week ago could take months to repair. Its reported that getting to the fibre to begin work is a big problem.
New snake species in Peru named after Harrison Ford
Harrison Ford has had a newly found snake species named after him. The snake found in Peru has been named the ‘tachymenoides harrisonfordi’ to honour his environmental advocacy. The actor who is also the vice chair of a non profit Conservation group said that the move was humbling. He also has an ant and a spider named after him