About The Webinar

According to Statistics South Africa, Quarterly Labour Force Survey released on 23 June
2020, the unemployment rate in South Africa has increased to 30.1% in the first quarter of 2020.

According to newly released research from TransUnion, the number of South Africans
who have lost their jobs has increased sharply since the beginning of April - with almost
one in six (14%) people surveyed said in early May they had lost their jobs since the
Covid-19 pandemic started — up from one in 10 (10%) reported in early April.

The National Treasury, warned of a jobs bloodbath, estimated that there is a potential 1.79 million job losses this year due to the Covid-19 pandemic and lockdown.

It is unfortunately certain that the economic fallout from the pandemic and lockdown will continue to grow, creating major economic and financial distress for businesses and consumers, with many more people facing possible retrenchments.

Join this webcast where experts will unpack the effects of the pandemic, project the outlook from an economic, political and labour perspective and provide practical tips on how to deal with the financial impact of job losses and salary cuts.

Your questions are welcome during the live webcast.


  • About Old Mutual On The Money

    Old Mutual On The Money offer employees free financial education workshops to help navigate the current storm. Interested parties to email [email protected]
  • Zingiswa Losi
    President of the Congress of South African Trade Unions (COSATU)


    Zingiswa cut her teeth in politics in COSAS while she was still at school. She also served in the ANC Youth League structures in the Eastern Cape. She is a trained soldier and served in the South African Defence Force for three years. After resigning from the army, she was employed by Ford, a car manufacturer in Port Elizabeth in 2002 as an operator in the engine components and assemble division.

    She later became a quality inspector. In the same year, she became a NUMSA shop steward at the plant and she served in various NUMSA committees such as finance and education in the Eastern Cape region. Zingiswa highlighted that the current COSATU leadership must ensure women swell the ranks of the federation’s leadership.
  • Dr Somadoda Fikeni
    Political Analyst and Advisor to the University of South Africa (UNISA)


    Dr. Somadoda is an author, researcher, public speaker and commentator in the areas of policy analysis, comparative politics, research methodology, international politics, political economy and heritage. He has a BA honours in politics and social sciences from the then University of Transkei (now Walter Sisulu University).

    He also studied peace and political studies programme at McMaster University in Canada, obtained his MA in International Politics and Comparative Development at Queens University, Canada. He has PhD in  Comparative Politics and Public Policy Analysis from the Michigan State University, USA. He is a director of VC Special Projects and an advisor to the VC/Principal of the University of South Africa (UNISA).
  • Johann Els
    Chief Economist at Old Mutual


    Johann joined Old Mutual as an economist in 1991, after honing his skills in various sectors, including the South African Reserve Bank, the University of Stellenbosch (his alma mater), where he lectured in economics, and Trust Bank (one of Absa’s constituent banks). Today, apart from advising the various investment boutiques within the Old Mutual Investment Group, Johann also
    serves as chief economist for the broader Old Mutual Group.
  • John Manyike
    Head of Financial Education at Old Mutual


    John joined Old Mutual in 1995 and worked in various managerial positions before taking up his current role in 2010. As both the head of department and media spokesperson, he has helped Old Mutual reach millions of people through its comprehensive and free financial education programme.

    John holds an honours degree in industrial psychology from UNISA and has completed a range of strategic managerial courses at Wits and GIBS Business School.
  • Sakina Kamwendo
    Radio presenter and co-anchor for SABC 2 & SABC News Channel 404


    Sakina Kamwendo is a fully fledged radio presenter with several awards under her belt. She co-anchors the SABC 2 & SABC News Channel 404 flagship breakfast show Morning Live. Previously she hosted the AM Live breakfast show on SAfm that aired from 6 to 9 am every day of the week except the weekends.

    Prior to AM Live, Sakina worked at Metro FM as the host of Metro Fm Talk with Sakina that was voted Best News & Actuality Show at the MTN Radio Awards 2013 and 2014. Currently, she is presenting ‘Update’ at Noon that airs between 12:00 and 13:00 week days on SAfm.
  • About M&G Webinars and registration

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