ANC alliance partners to draft economic growth strategy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

President Cyril Ramaphosa says the high unemployment rate in South Africa is worrying and drastic changes need to be urgently implemented soon, to tackle the problem.

African National Congress President Cyril Ramaphosa says the party’s National Executive Committee will meet with the South African Communist Party , Congress of South African Trade Unions and South African National Civic Organisation this weekend to draft a strategy that will assist in growing the economy.

He says the high unemployment rate in South Africa is worrying and drastic changes need to be urgently implemented soon, to tackle the problem. Addressing thousands of members of teachers’ union, South African Democratic Teachers’ Union in Nasrec, Johannesburg, Ramaphosa said initiatives in which trade unions are consulted would see the country change for the better.

“This unemployment rate is just not acceptable, it has to be brought down and it now requires all of us to apply our minds on how we are going to unlock the real energy of our economy, so that we have an inclusive economy that is going to answer the issue of reducing poverty among all our people,” explains the President.

How to fix the economy is every politician nightmare. We need to ask why nobody gets it right?

South Africa’s agricultural sector is one of the world’s most lucrative foundation of developing economies. agriculture economy

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South African banks prepared for biggest strike in 99 years | IOL Business ReportSouth African banks are urging clients to use digital channels as the industry prepares for what could be its biggest strike since 1920. A ploy by the ANC to distract while they push something else through that the dont want the South Africans to see. Really getting tired of these protests, considering that they never see the 'bigger' picture that has a ripple effect on the economy and eventually the loss of jobs. cryptocurrency Time to finally make this the global financial standard.. They can strike but in the near future the whole banking system going to be electronic and paper money will be in museum of history.
Source: IOL - 🏆 46. / 51 Read more »

Mutton, beef producer prices decrease - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Mutton, beef producer prices decrease The Red Meat Producer’s Organisation (RMPO) says the producer prices of mutton and beef have decreased. At last we can have mutton meat for a change no more chicken.. Not in my local butchery Hhayi, kephi khona?
Source: SABC News Online - 🏆 32. / 51 Read more »