JOHANNESBURG - President Cyril Ramaphosa on Wednesday said that the country’s new administration would focus on repairing the economy and creating jobs as a priority.
"What we will be seeking to come out with an institutional framework that will serve our people best and our economy well,” Ramaphosa said. “The key problem we face as a country is low economic growth. It all revolves around the economy. We are going to focus on more ways of generating economic growth and creating jobs. The structure of the government is going to speak to that.”
On Tuesday, Statistics South Africa said its data showed that unemployment reached a near two year high in the first quarter as the construction and financial services sector came under pressure. He said it would also speed up the reform of policies such as Visa regulations that have hampered growth.
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Elections boost business confidence | IOL Business ReportThe incoming administration is set to inherit improved business confidence after sentiment rose in April for the first time since January in anticipation of a more stable post-election policy environment. busrep busrep You are as gullible as the 30percenters
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'Cabinet size, structure among key post-election investor issues for Ramaphosa' | IOL Business ReportThe size and structure of SA's new cabinet are among the key issues investors will judge President Ramaphosa on after last week's national elections. busrep We need to seriously talk about provinces. We don't really need them. We're not a federal state. I still don't know what those provincial parliamentarians really do. We can save lots of money by getting rid of them or reduce them as a start.
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Ramaphosa says turnaround at Eskom will bear fruit soon | IOL Business ReportPresident Cyril Ramaphosa today told local and international investors that South Africa’s economy would be in ‘top gear’. busrep And let me guess.....he allegedly lied with a straight face and then laughed. busrep How can a company who supplies the majority of S A's with 220v be in debt of over R400 billion ......... BILLION Something not right there !! 🤢 busrep Fruit for who is the question? Won’t be us we will get another tarring increase.
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Ramaphosa says government is committed to speedy economic reforms | IOL Business ReportSouth Africa’s President Cyril Ramaphosa said on Wednesday that the African National Congress-led government will speed up economic reforms. busrep Investors will only take you seriously when they see some serious action being taken against corruption, but yet, those implicated in corruption still rule the roost. busrep So you will get all the comrades to give the money back they stole and have them prosecuted. Get the ANC publicly apologize for failing SA for the past 25 years
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Cabinet to be restructured to benefit economy - Ramaphosa | IOL Business ReportPresident Cyril Ramaphosa has assured a gathering of investors in that his Cabinet will be restructured to bolster plans ... Ramaphosa is all about money he care about nothing elss New Dawn appears fake news. The list of candidate MPs,as submitted to CJ Moeng, contains most of the incompetent & corruption tainted ANC members. More of the same 💩!
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OPINION: Key post-election investor issues for Ramaphosa | IOL Business ReportWith the elections now behind us, investors’ focus will shift to President Ramaphosa’s ability and political will in addressing issues of concern.
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South Africa's unemployment rate rises to 27.6% in first quarter | IOL Business ReportStatistics South Africa today said that the number of employed persons decreased by 237 000 to 16,3 million in the first three months of this year. busrep We all know what the cure for unemployment is. Let’s be bold and implement it. busrep Thank u myanc busrep Thats what most people voted for
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DStv Now service crashes leaving viewers fuming | IOL Business ReportTV viewers and sport lovers were left fuming over the weekend due to the DStv Now app and web streaming service crashing. busrep I’m a DSTV Now viewer. When it crashed, I didn’t fume, I wasn’t fuming. busrep 😂 😂 😂
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WATCH: Rand comes back down overnight | IOL Business ReportGet the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Molefe had 'unbundled' confinement tenders | IOL Business ReportTransnet's executive manager for governance, Peter Volmink lifted the veil on the impunity with which former group executive Brian Molefe and chief financial officer Anoj Singh handled tenders at the company. busrep
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