Poverty is the state of being poor and people living in poverty are unable to satisfy their basic needs, due to not having enough money to do so. Poverty is one of the biggest socio-economic issues in South Africa and is seen as one of the country’s triple threats, followed by unemployment and inequality. Despite South Africa’s attempt to reduce poverty, countless people are still struggling. Statistics show that 21.7% of South Africans live in extreme poverty and are unable to pay for basic nutritional requirements; 37% of South Africans don’t have enough money to buy both adequate food and non-food items, so they give up food to pay for things like transport. 53.8% of people survive on under R779 per month and can afford enough food and non-food
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People who want to work and are able to work, are unable to find jobs and are therefore not earning an income and are not able to satisfy their basic needs. Lack of education and skills is another major reason for poverty, because people who have not received proper education and skills training often don’t meet the requirements for jobs, and are then unable to work and receive an income. HIV & Aids is another major contributor to poverty, as it leaves people who cannot afford to get medication very ill and unable to go to work and do their jobs correctly and are once again, unable to make money to support themselves and their families. Some people are born into poor households and grow up in poverty and are unable to afford to get receive proper, adequate education, putting them at a disadvantage when they try to get a job one day. If a country is overpopulated and doesn’t have enough resources to support everyone, it can also lead to …show more content…
The local fast-food industry brings in more than R300-billion every year. According to Statistics South Africa, in April 2015 income in the fast food and takeaway industry surged by 13.3%, which is more than double the rate of inflation. The number of new entrants in the fast food industry such as, Burger King, Domino’s Pizza, Pizza Hut, Starbucks, Krispy Kreme and RocoMamas, is a clear sign of this. (McCann, 2016)
New entrants in the industry have also contributed to the start of price wars, and specifically pizza lovers are enjoying a variety of specials.
Per Insight Survey, 134 new takeaway stores opened in 2014 and that number is set to increase by 14% each year. Reports also predict that fast-food in SA will see an annual growth rate of 9% between 2014 and 2019. Insight Survey said, “The number of individuals who have purchased fast-food over a four-week period has risen by close to 10-million within the last five
People who want to work and are able to work, are unable to find jobs and are therefore not earning an income and are not able to satisfy their basic needs. Lack of education and skills is another major reason for poverty, because people who have not received proper education and skills training often don’t meet the requirements for jobs, and are then unable to work and receive an income. HIV & Aids is another major contributor to poverty, as it leaves people who cannot afford to get medication very ill and unable to go to work and do their jobs correctly and are once again, unable to make money to support themselves and their families. Some people are born into poor households and grow up in poverty and are unable to afford to get receive proper, adequate education, putting them at a disadvantage when they try to get a job one day. If a country is overpopulated and doesn’t have enough resources to support everyone, it can also lead to …show more content…
The local fast-food industry brings in more than R300-billion every year. According to Statistics South Africa, in April 2015 income in the fast food and takeaway industry surged by 13.3%, which is more than double the rate of inflation. The number of new entrants in the fast food industry such as, Burger King, Domino’s Pizza, Pizza Hut, Starbucks, Krispy Kreme and RocoMamas, is a clear sign of this. (McCann, 2016)
New entrants in the industry have also contributed to the start of price wars, and specifically pizza lovers are enjoying a variety of specials.
Per Insight Survey, 134 new takeaway stores opened in 2014 and that number is set to increase by 14% each year. Reports also predict that fast-food in SA will see an annual growth rate of 9% between 2014 and 2019. Insight Survey said, “The number of individuals who have purchased fast-food over a four-week period has risen by close to 10-million within the last five