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Ramaphosa says jobs plan will create 275,000 jobs a year

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Ramaphosa says jobs plan will create 275,000 jobs a year

Photo by Dylan Slater
President Cyril Ramaphosa

4th October 2018

By: Reuters

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South African President Cyril Ramaphosa said on Thursday that a gathering of top officials and business leaders had agreed on a package of measures that would create an additional 275 000 jobs a year.

Under pressure after the economy slipped into recession this year, Ramaphosa said the measures included boosting local procurement, an export drive and financial sector investments in black-owned industrial enterprises.

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