Joblessness crisis: Why is South Africa's unemployment rate so high?

It tends to hover around 25%, and is the cause of much political agitation.

But what are the causes of this unemployment?

A major reason is the country’s apartheid legacy.

Under apartheid, many black people were prevented from receiving a decent education or acquiring skills.

This ultimately contributed to an oversupply of cheap manual labour, according toThe Daily Maverick.

After all, South Africa’s economy actually grew impressively from the mid-1990s to the mid-2000s, before stagnating.

One of the reasons for this has been a major dip in investor confidence.

Many investors, particularly foreign ones, are reluctant to pour capital into South Africa.

They drive up the cost of labour and make employers more hesitant to hire more workers.

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