Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

ancEWN reports that according to President Cyril Ramaphosa, the R1.2 trillion that the ANC plans to raise in new investments for the next year will be used to assist creating 275,000 additional jobs.  

Ramaphosa made the remark while delivering the ANC's election manifesto at the Moses Mabhida Stadium in Durban on Saturday.  He also said the party was set on taking measures to lower the cost of doing business in the country.  However, Efficient Group chief economist Dawie Roodt says this was unrealistic.  “If he’s successful, there will be artificial jobs.  He probably won’t be successful because in South Africa the economy will not grow efficiently.”

  • The original of this short report by Robinson Nqola is at EWN


Get other news reports at the SA Labour News home page