Johnathan Paoli
President Cyril Ramaphosa has praised the progress of worker ownership and said the government was building a future where every employee held a stake in the success of his or her company and where prosperity is shared by all.
Ramaphosa was delivering an address at the Inaugural Worker Share Ownership conference which was held at the Sandton Convention Centre in Johannesburg on Tuesday, and was joined by the Trade and Industry Minister Ebrahim Patel, the chairpersons of the Industrial Development Corporation (IDC) and the National Empowerment Fund (NEF), as well as representatives of labour, business and industry bodies.
Ramaphosa praised the first conference on the state and future of worker share ownership schemes in the country, and said that since 1994, the ANC-led government has made a concerted effort to address the racial and economic injustices of the past.
The President said this year marked 20 years since
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