Jobs summit produced over 70 strategies to deal with unemployment crisis, Cyril Ramaphosa says
Ramaphosa says the interventions from the jobs summit will inspire confidence and trust in the business community
The outcomes of the two-day jobs summit that ended on Friday are building blocks for the upcoming investment summit, according to President Cyril Ramaphosa. He said investors had been eager to see what would emerge from the gathering that produced more than 70 interventions to deal with SA’s unemployment crisis. “A number of people ... wanted to hear the outcomes of the jobs summit, they wanted to hear that South Africans [are] meeting on their own, as social partners, are able to come up with real meaningful decisions where they commit themselves,” Ramaphosa said during his closing address at the summit on Friday. He said the government expected mostly local business people at the investment summit, to be held in two weeks. Ramaphosa’s administration wants to raise R1.3-trillion in five years. He said the interventions from the jobs summit would inspire confidence and trust in the business community. “We are going to that investment summit informing them that we have come up with m...
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