This is the first phase of 43 projects that aim to inject the economy with R840 billion and create 155 000 jobs
The initiative has facilitated commitments to 43 private projects in 19 sectors of the economy over the next five years. Speaking from Brussels, Belgium, Van Zyl said job creation at new facilities could already have an impact this year. South Africa now can be compared with where the country was in the 1980s, when it had a large amount of debt. It took until well after 1994 for the country to recover fully.
Meyer was there attending a conference and Van Zyl works there. They met shortly after Ramaphosa’s Thuma Mina speech in February, in which he called on all South Africans to help where they could. According to a World Bank index on the ease of doing business in various countries, South Africa is ranked 82 out of 190 economies. A decade ago, it was at 32.
PresidencyZA Julius_S_Malema that's R5,4 million per job. Couldn't we create more jobs with that kind of money?
It’s encouraging to see initiatives like these . May they receive the necessary technical support from government✊
R840 billion divided by 155 000 jobs over 5 years one job per day at minimum wage pls take the unemployed seriously in this country