Clotilde

532 posts

Clotilde

Clotilde

@Clotilde_a

☕️ work: Presidential Employment Stimulus; Steering Committee Member at @budgetjusticesa . Made in 🇮🇹 based in 🇿🇦

Cape Town, South Africa Katılım Eylül 2011
804 Takip Edilen164 Takipçiler
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@DumaGqubule
@DumaGqubule@DumaGqubule·
@VoiceOfTruth___ it is the job of treasury and sarb to ensure short and long term growth. if it is not their job whose job is it?
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@DumaGqubule
@DumaGqubule@DumaGqubule·
I do not understand how anyone can say that was a good budget. We had 17 years of annual average GDP growth of 1.1%. How can we celebrate mediocrity of a forecast 1.6% growth for 2026 that we will not achieve? End austerity to stimulate the economy mg.co.za/thought-leader…
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Budget Justice Coalition SA
Budget Justice Coalition SA@budgetjusticesa·
Fiscal Framework and Revenue proposal deadline has been extended - Submissions and your indication to make oral presentation must be received by no later than 12:00 on Monday, 09 March 2026 #Budget2026
Budget Justice Coalition SA tweet media
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Sizwe SikaMusi
Sizwe SikaMusi@SizweLo·
In March, the IMF published a paper examining the potential consequences of South Africa lowering its inflation target to 3%. I won’t bore you with the technicalities, except that even under the IMF’s most favourable assumptions, by lowering the inflation target to 3%, South Africa would be opting for an upfront GDP loss of 0.4% and about 100 000 extra job losses. Otherwise, the expectation is a 1.9% GDP decline and about 200 000 jobs lost. Essentially, the 3% target is a gamble, and the IMF’s own paper acknowledges that the downside risk is substantial. Yet Treasury has opted for the 3%. They obviously know something the IMF doesn’t. But, given South Africa’s unemployment crisis, one has to wonder whether losing 100 000+ jobs to achieve a lower inflation target is really the optimal policy choice right now. This seems like a policy designed for a different economic reality than the one South Africa actually faces.
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@DumaGqubule
@DumaGqubule@DumaGqubule·
Our jobs crisis is a national disgrace. Skills mismatch theory of unemployment is nonsense. My uber driver was a medical physicist who had been unemployed for a year. Was his first day on the job. This is the insanity of austerity. He got a job yesterday but starts next year.
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Health-and-social-Cluster
Health-and-social-Cluster@HealthSocClust·
Ms Clotilde Angelucci from @YouthCapitalSA says the unemployment rate for the 15-34 age sits at over 50% meaning that one in two young people in South Africa is willing to work but canʼt find pathways into economic opportunities, furthermore public employment programmes are a way of expanding the economy by providing work experience, stimulating demand and providing essential services.
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Budget Justice Coalition SA
Budget Justice Coalition SA@budgetjusticesa·
@SECTION27news @IlifaLabantwana @IEJ_SA @YouthCapitalSA @AIDC_RSA @RHAPnews @danielmclarenza @russ421 @AliyaChikte @Clotilde_a “Gov said they may replace the SRD with a job seeker grant. we caution against that. Looking for work is expensive, youth spend 1000 pm seeking jobs, but incentivising job seeking is not creating jobs. Social protection & job creation should not be pitted against one another.”
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Youth Capital
Youth Capital@YouthCapitalSA·
📺 “The budget is not a GNU product, it’s for the people of South Africa.” Ahead of Budget Speech 3.0, @Clotilde_a joined @Newzroom405 to call for real investment in young people through public employment and long-term job creation. 🎙️ Watch this space. #YouthCapital #BudgetSpeech2025
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