‘Imagine Govt was as busy building SA as they are feathering their own nest’

The unemployment rate has increased to 27.7%.

This is the highest it has been since September 2003.

Could Government have prevented this?

How much is the Gupta love affair to blame?

Are these issues linked?

The Money Show’s Bruce Whitfield interviewed Dr Adrian Saville, Professor at Gordon Institute of Business Science (Gibs).

Listen to the interview in the audio below (and/or scroll down for quotes from it).

If senior cabinet ministers and our president were as busy at building the country as they were feathering their own nest; how different would life be in South Africa?

Bruce Whitfield, The Money Show

They’re furiously busy building empires of their own.

Dr Adrian Saville, Gibs

Between six and nine million jobs is required… We need a decade, or more, of fast economic growth to create that.

Dr Adrian Saville, Gibs

Youth unemployment is a scourge of society. It’s a burden people carry with them all their lives.

Dr Adrian Saville, Gibs

There’s a structural issue.

Dr Adrian Saville, Gibs

In industry after industry in South Africa, mid and small-sized businesses are missing.

Dr Adrian Saville, Gibs

In the absence of rule of law you won’t get the elevated levels of investment we need.

Dr Adrian Saville, Gibs

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
'South Africa is not necessarily in a crisis'

'South Africa is not necessarily in a crisis'

The Money Show’s Bruce Whitfield interviews Alexander Forbes Investments Executive Chief Economist Lesiba Mothata.

Savings accounts with the best interest rates in South Africa

Savings accounts with the best interest rates in South Africa

Bruce Whitfield interviews Daniel Rubenstein, Co-Founder at MyTreasury – a tool that finds the best interest rate for you.

Edcon's Grant Pattison answers very personal questions about money

Edcon's Grant Pattison answers very personal questions about money

The Money Show’s Bruce Whitfield interviews Pattison about his attitude to money (hopes and fears, successes and failures, etc.)

Why 96% of small businesses fail (and what to do about it)

Why 96% of small businesses fail (and what to do about it)

The Money Show’s Bruce Whitfield interviews Raiz Corp CEO Allon Raiz who reviews “The E-Myth Revisited” by Michael E. Gerber.

3 best shares to buy right now, while they’re hot (by Vestact Asset Management)

3 best shares to buy right now, while they’re hot (by Vestact Asset Management)

The Money Show’s Bruce Whitfield interviews Vestact Asset Management Portfolio Manager Michael Treherne.

How to delegate (and why you must, whether you like it or not)

How to delegate (and why you must, whether you like it or not)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

Popular articles
Sassa cards will be functional beyond expiry date

Sassa cards will be functional beyond expiry date

Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.

Soulful Sundays Playlist: Sunday 11 June 2017

Soulful Sundays Playlist: Sunday 11 June 2017

Favourites to feed your soul on Sunday.

Mashaba moves to insource security guards come Jan 2018

Mashaba moves to insource security guards come Jan 2018

Mashaba is also on a mission to identify owners of buildings in the city centre that he says are harbouring criminals.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?