Business Maverick: Analysis: Failure to win over youth voters could put SA economy at risk

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Business Maverick: Analysis: Failure to win over youth voters could put SA economy at risk By Sharon Wood

Political parties and South Africa have a major challenge as voters gear themselves up to go — or not to go — to the polls on Wednesday 8 May. It’s the perception that none of the political parties is seen be able to solve the most pressing issue voters perceive to be facing the country: unemployment.

Add to that the 1.7 million youth voters registered, but unlikely to turn up at the polls, and there could well be a hefty proportion of young voters, the citizens of the future, opting out of the electoral system on Wednesday. That is significant in an election where, as Omar points out, “the choices made by those who have yet to make up their minds [have] the potential to have a large impact on the years to come”.

voters remain key to these elections. They are weighing up and considering their options before casting their ballots on 8 May, rather than opting to withdraw completely. How they choose to vote can influence the outcome of this year’s elections.” According to the 2019 first quarter survey results, just more than one in five citizens felt the economy had improved over the past 12 months.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: South Africa is not the only regional economy with a debt problemSouth Africa was not the only economy in the region to suffer a lost decade or ‘nine wasted years’, to quote President Cyril Ramaphosa. In some ways mirroring Pretoria’s trajectory, many African economies have been racking up concerning levels of debt against a backdrop of relatively sluggish growth. Part of this stems from continued reliance on natural resources. The failure to diversify or industrialise is one reason why so much of the past decade has been lost.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: Book Extract: Christo Wiese – Risk and RichesIn this extract from Christo Wiese – Risk and Riches, Wiese is told about the accounting problems at Steinhoff that started the collapse of the company’s share price – and the unravelling of his life’s work.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tesla Manager Sees Risk of Battery-Minerals Shortage in FutureBooming demand for electric vehicles and insufficient investment in mines could result in a global shortage of minerals needed to manufacture rechargeable batteries in a few years’ time, a Tesla Inc. representative told U.S. officials and mining executives in a meeting in Washington.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Strong ANC Win Would Boost S. African Asset Prices, Goldman SaysA strong win for South African President Cyril Ramaphosa’s African National Congress in next week’s election would trigger a rally in asset prices, according to Colin Coleman, head of sub-Saharan Africa at Goldman Sachs Group Inc. Unfortunately for Goldman Sachs and Colin Coleman, we will vote for EFF... No,a Coalition should do the trick,Same as in Johannesburg. It's true. The international opinion formers that define what we pay for the necessary debt for infrastructure and development know a vote for CyrilRamaphosa and the MYANC is a vote for the future.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Private Equity’s Returns Questioned Again, This Time by BuffettPrivate equity firms, which are attracting record amounts of investor funds, have for years faced criticisms that they game their returns. Over the weekend, billionaire Warren Buffett joined the chorus.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Woodstock 50th anniversary going ahead, organisers say, despite investor withdrawalA planned three-day concert marking the 50th anniversary of theWoodstock music festival was thrown into doubt on Monday after the lead investors said they had canceled the event but organisers said they were going ahead.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Monday, May 6: Five Things You Need to Know to Start Your DayTrump ramps up the pressure on China with threat of more tariffs and market sentiment takes a hit, while Warren Buffett discusses buybacks and critiques private equity. Here’s what’s moving markets.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tuesday, April 30: Five Things You Need to Know to Start Your DayWarnings signs for China stocks and Boeing says it didn’t mean to deactivate a pilot alert on the 737 Max. Here’s what’s moving markets.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: The dividend/growth balance: Anglo’s truly amazing debt turnaroundGetting the debt/dividend balance right is tricky — very tricky for mining companies. Pile up too much cash, investors get antsy. Buckle to investors’ immediate desires, long-term growth gets hit. Years of divesting from non-core assets and implementing stringent spending programmes have allowed Anglo American to significantly reduce its debt load to US$4.5bn in June 2018, down from a peak of US$14.1bn in June 2015. In 2019 it was able to commit to 40% of cash resources to a dividend payout.
Source: dailymaverick - 🏆 3. / 84 Read more »