Business Leadership SA backs B4SA plan to create more than 1.5 million jobs

📆 19/07/2020 16:04:00
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Business Leadership SA backs B4SA plan to create more than 1.5 million jobs B4SA has identified 12 key initiatives to accelerate economic recovery that could grow GDP by R1trln, generate 1.5 million jobs and increase tax revenues by R100bn a year.

DURBAN - Business Leadership South Africa has thrown its weight behind Business for South Africa’s economic recovery plan that will create more than 1.5 million jobs and increase tax revenue by R100 billion a year.

B4SA has identified 12 key initiatives that will accelerate the country’s economic recovery that could grow gross domestic product by R1 trillion, generate 1.5 million jobs and increase tax revenues by R100bn a year. BLSA chief executive Busi Mavuso said today that as one of the founding members of B4SA, they acknowledged that the Covid-19 pandemic constituted an unprecedented challenge with very severe socio-economic consequences.

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