“We haven’t seen this many developing economies slowing down at the same time in the last 30 years…”
– World Bank development prospects group director Ayhan Kose, expressing his concern about the unprecedented weak economic growth among developing economies, which he says is a “worrisome development”, surpassed only by the recent economic crisis
“If we take into account the number of workers who have given up looking tor a job, the actual unemployment figure is probably closer to 1(1′ – Debt Rescue CEO Neil Roets, referring to the steady increase in South Africa’s unemployment figure. The country’s official unemployment rate was 25.5% in the third quarter of 2015
“We want someone to hit the ground running at Medupi.” – Eskom spokesperson Khulu Phasiwe, referring to the appointment of Phillip Dukashe as the Medupi power station project director, who was instrumental in bringing State-owned power utility Eskom’s Majuba power station, in Mpumalanga, back into operation after the silo collapsed in 2014. He replaces Roman Crookes with immediate effect
