Youth can still reach career dreams despite shock of recession in SA
Icannot remember exactly when I started but I have an extensive collection of five-cent coins. I am not a numismatic in the true sense of the word per se as I did not accumulate the stash to study the coins or as a hobby. I am more like a bibliophile.
I think I started hoarding the stash because I had street kids and car guards on my back, so I just chucked the bronze coins in the car’s ashtray. However, none of those asking me to throw a coin their way appreciated my gesture when I offered them. Even my own sprogs deemed me a scrooge when I asked them to raid the ashtray when they needed cash for snacks.
Today’s fivecent coin has a bad rap compared to the value of the shiny silver coin in my day.
Back in those days, five cents went a long way as I could buy a ginger biscuit, sweet aid cooler and still be left with the change to tithe at church.
TMy collection has been gathering dust since nobody appreciates they are still legal tender at the market. As a matter of fact, some stores reject them outright for a purchase.
Even when they round up the prices of the items you purchased, they’d give you 10 cents change since the one cent has been out of circulation for years.
The plight of the five-cent coin came to my mind this week as the fuel price surged yet again. In its wisdom, our caring government decided to cushion the blow to motorists and announced it would absorb the 28 cents per litre increase and only increase the juice price by five cents.
Apparently, the zoka increase in the retail margin of petrol is to cater for the salary increase for forecourt attendants, cashiers and admin staff.
I wish I was making this up but that is the state of our nation at the moment. The department of energy said it was aware the price rise of the past few months had put us under pressure and had decided to intervene. However, this cushion was a “once-off temporary intervention”, it said.
Indeed the price of gas went up by five cents on he announcement on Tuesday that South Africa is in a technical recession has been met with mixed feelings.
There are some who have an “I told you so” attitude. Others want to run for the hills and think that the country is one step closer to a failed state. Another group considers the recession as the dying breath of the Guptafication era, whereas a fourth group has a “wait and see” attitude.
Expendable household income has been under pressure for a long time. Consumers are questioning Wednesday and we ought to be thankful for that.
I thought I may have finally found the way to get rid of my collection of fivecent coins. So I drove to my nearest filling station and approached motorists and offered them coins per litre to cushion the blow of another the high levels of wastage at stateowned enterprises, evaporating monies that could have been used elsewhere.
The rest of Africa experience high levels of economic growth despite their own internal troubles. Seeing countries such as Nigeria, Egypt and Ghana grow faster than South Africa makes people wonder what new, fantastic excuses will be offered to explain SA’s slump.
For the youth of South Africa, news of a technical recession creates feelings of panic and confusion. The youth feel they are constantly being robbed of opportunities because they feel that access to tertiary education becomes more constrained and exclusive each time there is an economic hiccup. They are already restless because graduates are increase. Some were amused but others looked at me like I was a fugitive from a mental facility. I wouldn’t dare offer them to the petrol attendants because instinct warned me my gesture would land me a bloodied nose.
I usually tip an attendant who washes my windscreen unable to find jobs. A restless youth could be dangerous. There is so much emotions and hard feelings, and a wobbly economy could be a spark that creates greater levels of instability.
Slowly but surely the youth is seeing past excuses and they demand actions that will translate into real growth and not just in an attempt to redistribute limited wealth.
For the youth it is time to establish a workeracy that helps to ensure sorely needed economic expansion.
More than ever before, getting an affordable education that is recognised by professional bodies will be a focus for the youth.
Whether a recession is technical or and it is never with a fivecent coin. But of course government-nomics are not the same as the reality on the ground. I think it is time energy minister Jeff Radebe paid me a visit so I could cushion his ministry from the cushion he cushioned us with this week. not, it does create a roller coaster of emotions. The youth is especially vulnerable because they can see their dreams to get a tertiary education or a job evaporate quicker than a soap boxer can make a speech.
Work experience does not mean a person has to be formally employed by someone else. The basic tenet of workeracy states that one should be able to use a combination of talents, interests, skills and qualifications to create one’s own work.
Thus, a person who has a relevant NQF 3 qualification could volunteer to provide basic bookkeeping services to small businesses in his/her local community. Such volunteer work is indeed work experience that unlocks a person’s first set of professional credentials.
Despite the shock of a technical recession, the youth still has the ability to reach their professional dreams.
The writer says his five-cent coins have been gathering dust as nobody appreciates they are still legal tender.