Zuma’s CEO initiative sets ambitious goals to help youth and small business
THE government, business and labour have agreed on the need for a three-year programme to create 1-million youth internships, to be jointly financed by the private sector and a package of state incentives, President Jacob Zuma said on Friday.A further R1.5bn had so far been set aside to promote "equity investments" in small businesses, Zuma said during a briefing after a meeting of the Presidential CEOs Initiative at the Union Buildings in Pretoria.Finance Minister Pravin Gordhan said that the schemes could be launched early in 2017. Should the R1.5bn from the private sector be forthcoming, and not just committed, they would be "formidable achievements", he said.READ THIS: Time is running out to ensure the youth wage subsidy is extendedThe measures were accompanied by an agreement to "refrain from public utterances that promote a negative narrative about the country and undermine confidence in the country", Zuma said.The government and business are preparing for advocacy efforts wi...
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