Economy

Hiring for Success – Issue 15

In this issue: • Building Relationships • Food Sector is Thriving • Don’t believe everything you read – recovery is imminent • Better times ahead for Civil Engineering • BOOK REVIEW: Shoe Dog By Phil Knight Hiring for Success Issue 15

It’s official: engineering is SA’s scarcest skill

Engineers, quantity surveyors and finance managers are considered one of the scarcest skills in South Africa. But did you know how scarce? Last year the Department of Higher Education and Training published a draft list of the top 100 scarcest skills in the country, and accountant was listed as the 13th most needed skill in […] more

Quiz: Can you name the five biggest infrastructure projects in SA?

Can you name the five biggest infrastructure projects in SA? Combined, these five projects involve spending of R519 billion. Here they are: 1. Kusile Power Station US$20,397 million (R234 billion) Kusile will be one of the largest coal fired power stations in the world and the first power station in South Africa to use Flue […] more

SA’s booming informal economy

By Ciaran Ryan Adcorp economist Loane Sharp estimates SA’s informal economy at 18% of GDP. More importantly, it is out-pacing the growth in the formal economy at a staggering rate. What is going on here? Sharp speculates that companies are opting out of the formal market and moving into the informal sector to evade taxes, […] more