‘Localisation, localisation, localisation’: Ramaphosa delivers a business-friendly Sona - The Mail & Guardian

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To fix the economy, the president prioritised infrastructure development, with a focus on localisation, creating jobs and protecting livelihoods by extending the R350 special relief grants and the UIF-Ters payments for the next three months.

and fixing the country’s electricity problems. But before he could even begin his work, the pandemic hit. His focus shifted to protecting lives, while struggling to keep the economy from plunging deeper into the doldrums.

Other investment projects included the launch of two major human-settlements projects, which will provide homes to almost 68 000 households in Gauteng. Ramaphosa added that similar projects will be carried out in other parts of the country as well. Africa boasts a population of 1.2-billion, a number that is expected to more than double by 2050; the trade agreement creates a $1.3-trillion single continental market intended to boost intra-Africa trade and economic growth. However, to achieve this aim, all trade tariffs will need to be eliminated. , as part of the recovery plan, has agreed that its members will work together to reduce the country’s reliance on imports by 20% over the next five years.

“If we achieve our target, we will significantly expand our productive economy, potentially returning more than R200-billion to the country’s annual output,” Ramaphosa said.

 

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My livelyhood is protected nge R350. Bruh when last did he do hid groceries? I mean do they even know how much milk costs in SA?

Face of Zimbabweans when they see this tweet..👇

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