Ramaphosa Announces R100 Billion For Job Creation

Cyril Ramaphosa

In contrast to the State of the Nation Address, where we address the broad programme of government for the year, today I want to focus on the extraordinary measures we must take to restore our economy to inclusive growth following the devastation caused by COVID-19 to our people’s lives and our country’s economy.

This is a plan through which all of us as South Africans should work together to build a new economy.

The objectives of the plan are clear:

–       To create jobs, primarily through aggressive infrastructure investment and mass employment programmes;

–       To reindustrialise our economy, focusing on growing small businesses;

–       To accelerate economic reforms to unlock investment and growth;

–       To fight crime and corruption; and,

–       To improve the capability of the state.

All these objectives are linked to the vision of our