Home South Africa News SA’s economy continues to perform poorly: Mbeki

SA’s economy continues to perform poorly: Mbeki

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Thabo Mbeki

Former President, Thabo Mbeki says the country is performing poorly economically. He says unemployment rate is disappointing and inequality remains a huge challenge.

Mbeki was addressing an awards ceremony in Sandton, north of Johannesburg where he quoted a report from an international institution that looked at the current economic situation. The former President says it is painfully clear that South Africa is performing poorly, exacerbating problems such as inequality and exclusion.

The economy’s inability to create jobs is slowing worsening South Africa’s unemployment and equality.

South Africans are deeply disappointed with social progress and dislike the direction the country is heading. The national economy is loosing international competitiveness.

Source: eNCA

In other news – Serious Trouble for Kaizer Chief’s goalkeeper Itumeleng Khune

Kaizer Chiefs veteran goalkeeper Itumeleng Khune has been lambasted by fans for revealing fellow goalie Brandon Petersen’s mental health-related issues. This comes after Khune – who is the Amakhosi captain – told Sunday World, in an article published at the weekend, that his teammate is receiving psychological care.

Itumeleng Khune

“We [players] all know what he is going through, and we are trying to help him,” Khune was quoted as saying. The Bafana Bafana goalkeeper revealed that Chiefs has provided help for Petersen through a former Springboks psychologist. Read more