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South Africa's youth unemployed hits all-time high. And why can't fund managers admit when they make investment mistakes.

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 Youth Employment Services's CEO, Tashmia Ismail-Saville discusses another pandemic that the country is facing - youth unemployed. The expanded definition, hit an all-time high of 74.7% while the official unemployment increased to 32.6%.  Mduduzi Luthuli,  co-founder and executive director at Luthuli Capital explains why fund managers cannot admit their mistakes with your investments. South Africa's largest life insurers saw an increase in death claims between 50 and 60% during the second wave of Covid-19.  

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