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Archive for May 16th, 2019
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May 16, 2019

WC NO LONGER HAS LOWEST UNEMPLOYMENT RATE, ACCORDING TO STATS

At 19.5%, the province’s unemployment rate is now a percentage point higher than Limpopo’s.

CAPE TOWN – Statistics South Africa’s Quarterly Labour Force Survey showed that the Western Cape was no longer the province with the lowest unemployment rate.

At 19.5%, the province’s unemployment rate was now a percentage point higher than Limpopo’s.

However, the Western Cape’s expanded unemployment, which included people who have stopped looking for work, remained the lowest at 22%.

Limpopo may have the lowest unemployment rate in the first quarter, but it also showed the largest increase in expanded unemployment, which was up by 5.5 [...]

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May 16, 2019

Shoprite Creates More Than 400 Jobs in Just Two Weeks

South Africa’s largest private sector employer, the Shoprite Group, created 409 new jobs with the opening of 16 new stores across five provinces in South Africa during the second half of April 2019

This brings the Group’s total number of employees to more than 147 200 and this trend is set to continue with more than 50 new stores still scheduled to open by December 2019.

More than 1 billion transactions were processed at the Group’s more than 2 800 stores and it attracted an additional 2.4% customers during the 2018 financial year.

Positioned in areas not previously served by the Group’s supermarkets or in those showing strong population growth, the 16 new stores [...]

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May 16, 2019

Egypt opens world’s widest suspension bridge

Egypt on Wednesday opened the world’s widest suspension bridge, across the Nile, in what is one of a series of military-led, mega-projects designed to improve infrastructure and provide jobs.

The bridge, which crosses the Nile just north of central Cairo, is a key link in a highway stretching from the Red Sea in the east to Egypt’s northwestern Mediterranean coast, and is meant to help reduce congestion in the capital.

Traffic ground to a halt in parts of central Cairo on Wednesday morning as president Abdel Fattah al-Sisi travelled to open the bridge with ministers and military generals.

World’s Widest

At its widest, the bridge has six traffic lanes in each [...]

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