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ANA reports that President Cyril Ramaphosa and Deputy President David Mabuza on Monday held their first monthly meeting with the leaders of business, labour and communities to tackle the country’s employment crisis.
In a statement, the Presidency indicated: “In setting up these monthly meetings, we were motivated by the scale and the urgency of the crisis we are facing, and by the realisation that if we don’t move more quickly and with greater effect, our economy will lose more jobs than we create. We reached important and far-reaching agreements at the Jobs Summit last year, but their effectiveness depends entirely on implementation.” The jobs summit presidential working committee was set up to accelerate the implementation of measures adopted at last year’s Presidential Jobs Summit to create employment and unblock regulatory and other hurdles inhibiting employment. The committee is made up of the president, the deputy president and three senior leaders from government, labour and the business community and is expected to meet at the beginning of every month to measure the progress of the jobs summit undertakings. Each meeting will address a particular sector of the economy where intervention is needed to prevent job losses and stimulate greater job creation. Some of the sectors prioritised include construction, clothing, textiles, footwear and leather, and metals and machinery.
- Read the full original of the above report at Engineering News
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