The Federation of Unions of South Africa (FEDUSA) supports the implementation of the Nine-Point Plan, which prioritises the urgent interventions designed to accelerate inclusive economic growth and create decent jobs through transforming the economy and increasing investments. The three interventions include stimulating job drivers, economic enablers and introducing cost-cutting interventions to grow the economy said Dennis George FEDUSA General Secretary.

FEDUSA, COSATU and NACTU will caucus this afternoon at NEDLAC to review the progress made to date with the implementation of the Nine-Point Plan. The three Federations will discuss new measures to strengthen working together between Government, Organized Labour and Business to support inclusive economic growth, including:

• Resolving the energy challenge
• Revitalising agriculture and the agro-processing value chain
• Advancing beneficiation or adding value to the mineral wealth
• More effective implementation of a higher impact Industrial Policy Action Plan
• Encouraging private sector investment
• Moderating workplace conflict
• Unlocking the potential of small, medium and micro enterprises (SMMEs), cooperatives, township and rural enterprises
• State reform and boosting the role of state-owned companies, information and communications technology infrastructure or broadband roll-out, water, sanitation and transport infrastructure
• Operation Phakisa, which is aimed at growing the ocean economy and other sectors

FEDUSA President, Koos Bezuidenhout, will lead the Federation’s delegation and argued that it is important to build on the collaboration of the positive engagements with the three rating agencies, Moody’s, Standard and Poor and Fitch and international investors, affirmed Bezuidenhout. However, whilst FEDUSA welcomes the developmental approach to catalyse economic growth, the federation believes that the critical service delivery constraints such as the filing of key vacant posts in the health sector in particular, will certainly assist in advancing the process, especially in the Eastern Cape, Limpopo, KwaZulu Natal and the Free State, concluded Bezuidenhout.

 

Issued by FEDUSA