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Economic Recovery Plan Significant Step Towards Building The Economy: Kubayi-Ngubane

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TOURISM Minister Mmamoloko Kubayi-Ngubane says the adoption of the Economic Reconstruction and Recovery plan (ERRP), which was a product of the NEDLAC process, was a significant step towards reaching a social compact amongst South Africa’s social partners.

“As a country, we have responded to the economic disruption through the development and adoption of what President Ramaphosa called ‘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,” Kubayi-Ngubane said.

Addressing the Black Business Council Summit on Wednesday, Kubayi-Ngubane said in order to create a transformed inclusive and growing economy, South Africans have to realise that their fates are intertwined.

The Summit aims to create a platform for enhanced engagement and is themed: “Black Business and its vital role in Economic Reconstruction and Recovery during and post Covid-19”.

Kubayi-Ngubane said transformative efforts are to ensure

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