“This challenge of Covid-19 presents us with an opportunity to turn around the economy of the province,” Mabuyane said.
Under the incentive programme for manufacturing, which is funded by the provincial jobs stimulus fund, the provincial government had identified 16 companies which qualified for the job-retention bonus.Twelve additional applications were also being considered.He said several measures were being put in place to assist companies to get back to business and create jobs.
Presenting a sample of bankable catalytic projects in the agricultural sector in the Chris Hani district municipality, OR Tambo municipality and Amathole municipality, Mabuyane told Ramaphosa that the province needed R1bn to execute the projects.“We need a couple of billion, President, but we’ll take just R1bn for now,” Mabuyane said.He said the pandemic had galvanised the government to look at the real issues and crush poverty to which many South Africans were being subjected.
Ramaphosa said the pandemic had prompted the government to act much faster in addressing challenges such as water and sanitation.Ramaphosa said he appreciated Mabuyane’s approach to revitalising the provincial economy beyond Covid-19, saying it was the correct one and that the national government was pursuing similar objectives.
But who is going to save the people in the country from our crazy politicians?
Good idea on paper, however another corruption tap opening - Eastern Cape state coffer money disappears without accountability, day after day, year after year since Madiba's funeral.
🤣 🤣 🤣 🤣
There should be well thought criteria for the successful companies who will benefit. There a possibility of them saving jobs for less than six months or so!