Today's Labour News

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ramaphosa2BusinessLive reports that President Cyril Ramaphosa announced in his state of the nation address (Sona) on Friday that a jobs summit would be held within the next few months to harness the energies of business, labour and government behind a major job creation initiative.  

The summit would look at what is needed to ensure that the economy grows and becomes more productive, and to ensure greater investment.  Ramaphosa emphasised in his speech that the most grave and pressing challenge facing the country was youth unemployment.  Youth would be moved to the centre of the government's economic agenda and in March, a youth employment service would be launched, which would place unemployed youth in paid internships in companies.  "Together with our partners in business we have agreed to create 1-million such internships in the next three years," Ramaphosa indicated. A youth working group would be established to represent the youth and ensure that policies and programmes represented their interests.  Ramaphosa also said agriculture presented one of the greatest opportunities to significantly grow the economy and create jobs.  The decline in the manufacturing sector would have to be addressed, with the aim of achieving a reindustrialisation "on a scale and a pace that draws millions of job seekers into the economy.

  • Read this informative report by Linda Ensor and Khulekani Magubane in full at BusinessLive
  • See too, Jobs summit announced as Ramaphosa delivers message of ‘hope and renewal’, at Engineering News

Get other news reports at the SA Labour News home page