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South African bosses have no plans to hire more workers this year – here's what they are looking to do instead

South African bosses have no plans to hire more workers this year – here’s what they are looking to do instead
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A year after Covid-19 was declared a pandemic in South Africa, chief executive officers (CEOs) are optimistic about global economic recovery, and the health of their own businesses – but despite this, a large number of local execs say they are not planning on hiring more staff.
Findings from the latest survey conducted by professional services firm PwC show that 57% of local business leaders predict that economic growth will improve in 2021.
However, in view of South Africa’s rising inequality and employment challenges, PwC said it is concerning that 51% of South African CEOs report they have reduced staff in the last 12 months and that 40% plan to do so in the year ahead. ....

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Matric pass rate decreases after tough 2020 academic year

Feb 23, 2021
Writing matric exams is challenging for most students as it is the culmination of their secondary education journey. However, writing these exams during the global Covid-19 pandemic, after a year of adapting to numerous pressures during the academic year, was an even tougher challenge for the matric class of 2020.
“In light of these challenges, it is not surprising that the pass rate has dropped to 76.2%, compared to 81.3% in 2019,” says Michelle Baron-Williamson, chief transformation officer of Managed Integrity Evaluation (MIE). “South Africa’s youth is resilient, however, and I am hopeful that as students embark on their studies this year – more accustomed to a new way of learning – we will see the matric pass rate rise again in 2021.” ....

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