SA’s unemployment rate climbed to 25,7% in the second quarter — its highest in seven years — as an influx of job seekers into the labour market surpassed job creation.
Analysts were shocked at the news from Statistics SA yesterday, which showed the jobless rate leaping sharply from 25% in the first quarter.
Overall, the number of employed people rose by 7000 in the second quarter — a far cry from the number needed to reach the government’s goal of creating 5-million new jobs by 2020.
“We are still in a labour recession,” T-Sec economist Mike Schussler said yesterday. “The economy might be growing but it’s not creating jobs.”
via BusinessDay – Jobless rate hits 25,7% as ‘labour recession’ grips SA
The price of petrol will increase by 17c next Wednesday, on the back of higher the international petrol, diesel and illuminating paraffin prices, the Department of Energy said today.
“The average rand/dollar exchange rate strengthened when compared to the previous period. The average rand/dollar exchange rate for the period 1 July 2011 to 28 July 2011 was R6,8134 compared to R6,8353 during the previous period,” the Department of Energy said on Friday.
Diesel containing 0.05% sulphur will increase by 15c, along with diesel containing 0.005% sulphur.
Illuminating paraffin’s wholesale price will increase by 10c while the Single Maximum National Retail Price (SMNRP) will increase by 13c.
The price of liquefied petroleum gas (LPGAS) will increase by 38c per kilogram.
via BusinessDay – Petrol to increase by 17c next week
Firstly, the DHA is custodian, protector and verifier of the identity and status of citizens and other persons resident in South Africa. This makes it possible for people to realize their rights and access benefits and opportunities in both the public and private domains. By expanding these services to marginalized communities, the department plays is a key enabler in deepening democracy and social justice.
Secondly, the DHA controls, regulates and facilitates immigration and the movement of persons through ports of entry. It also provides civics and immigration services at foreign missions; and determines the status of asylum seekers and refugees in accordance with international obligations. The department thus makes a significant contribution to ensuring national security, enabling economic development and promoting good international relations.
Department of Home Affairs
A caring and integrated system of social development services that facilitates human development and improves the quality of life.
To enable the poor, the vulnerable and the excluded within South African society to secure a better life for themselves, in partnership with them and with all those who are committed to building a caring society.
The people we serve come first in performing our duties. We will ensure equity and freedom from discrimination and harassment in the workplace and in the services provided by our department. We will workin partnership with the people we serve and with other stakeholders. We will use the resources entrusted to us, to deliver on the Governmen’s priorities in the most effient, effective and innovative ways. Ww will be transparent and accountable for our decisions, actions and performance. We will share our knowledge and expertise with other departments and broader welfare sector and learn from them.In performing our duties, we will uphold the Constitution of the republic of South Africa, the laws governing the public service and the Code of Conduct for the Public Service.
via Department of Social Development – Vision, Mission and Values
The National Treasury is responsible for managing South Africa’s national government finances. Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Africans. The Constitution of the Republic (Chapter 13) mandates the National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances.
The National Treasury’s legislative mandate is also described in the Public Finance Management Act (Chapter 2). The National Treasury is mandated to promote government’s fiscal policy framework; to coordinate macroeconomic policy and intergovernmental financial relations; to manage the budget preparation process; to facilitate the Division of Revenue Act, which provides for an equitable distribution of nationally raised revenue between national, provincial and local government; and to monitor the implementation of provincial budgets.
As mandated by the executive and Parliament, the National Treasury will continue to support the optimal allocation and utilisation of financial resources in all spheres of government to reduce poverty and vulnerability among South Africa’s most marginalised.
Over the next 10 years National Treasury priorities include increasing investment in infrastructure and industrial capital; improving education and skills development to raise productivity; improving the regulation of markets and public entities; and fighting poverty and inequality through efficient public service delivery, expanded employment levels, income support and empowerment.
via National Treasury
SITA was established in 1999 to consolidate and coordinate the State’s information technology resources in order to achieve cost savings through scale, increase delivery capabilities and enhance interoperability. SITA is committed to leveraging Information Technology (IT) as a strategic resource for government, managing the IT procurement and delivery process to ensure that the Government gets value for money, and using IT to support the delivery of e-Government services to all citizens. In short, SITA is the IT business for the largest employer and consumer of IT products and services in South Africa – the Government.
Furthermore, the Act separates SITA’s services into mandatory services (i.e. SITA must provide), and non-mandatory services (i.e. SITA may provide).
SITA remains committed in all its engagements to adhere to the Government’s “IT House of Values”, aiming to achieve reduced costs, increased productivity and increased service to our citizens.
SITA (Pty) Ltd
The South African Post Office Group currently consist of a number of divisions and subsidiaries operating in the fields of mail, financial services, logistics, property, electronic commerce and retail services. Traditional collection, sorting and delivery of letters and parcels constitute the primary business activity of the group, responsible for nearly 65% of the groups revenue in 2010/12. In the 2010/11 financial year nearly 1,5 billion mail pieces were processed. In order to process and distribute this volume of mail items the group operates 6 large mail centers and more than 40 depots across the republic. The group has, however, suffered a decline in traditional mail volumes over the last 3 years. This decline is in line with similar declines experienced by the majority of postal operators across the world as traditional mail as a communication medium is substituted by electronic alternatives such as email and more recently cell phones.
The second largest activity of the group is financial services which it offers through its savings banks that operates under the name Postbank. The Postbank itself was formed in 1910 and is the largest savings bank in the country. More than 6 million customers have accounts with Postbank making it one of the largest banks in South Africa as measured by customer number. The Postbank is a deposit taking institution only, and thus does not offer credit products, only savings and investment products.
via South African Post Office – Wikipedia