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South Africa steps up campaign to create more jobs – Business Leaders

August 16, 2012 No Comments »

 

South Africa is stepping up its campaign to increase job creation on the back of disappointing new job figures for 2011.

Latest job figures show that a total of 300,000 new jobs were created by the end of 2011, but Deputy President Kgalema Motlanthe said there is a long way to go if the country’s New Growth Path (NGP) hits its target of creating five million new jobs by 2020.

He said: “This is no cause for celebration since we believe that there is a long road ahead, and thus we are accelerating measures to increase employment through public sector interventions as well as assisting the private sector to create more jobs.”

Motlanthe expressed his concerns during a Parliamentary question in the National Assembly from the ANC on the headway of the NGP.

He said the key driver for new job creation was the newly adopted National Infrastructure Plan which is aimed at improving competitiveness of core industries and helping to open up new opportunities for them.

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Major investments would also go towards increasing the access of historically deprived regions to the core economy through improved roads, rail and communications, as well as enhancing productivity through investments in household and economic infrastructure and in social capital.

He also said much job creation prospects were pinned on construction projects for the build programme.

"We have also initiated major programmes to support key economic sectors. These include the auto industry scheme, which has already led to billions of rand in new investment,” he said.

The deputy president said that despite the current slowdown in the global economy, the government remained confident that these measures would go a long way towards helping SA to create new jobs.

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