Infrastructure investment could revive SA economy: Ramaphosa

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President Cyril Ramaphosa launched the Mooikloof Mega Residential City, in the East of Tshwane.

JOHANNESBURG - As South Africa looks to pull itself out of an economic rut, President Cyril Ramaphosa says investment in infrastructure could be the answer.Once completed the project will have a value of R33-billion.The major development is also expected to create about 7,000 jobs.

"This development will also lead, which is the most pleasing part for us in government, it is also going to lead to the creation of some 41,000 jobs at a time, jobs that we sorely need," said Ramaphosa. The ambitious project aims to provide access to lifestyle services that were not available to people in lower-income groups.

 

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No!! Stop stealing and the economy will recover!!!

Bogus

Ofcourse it would... MYANC CyrilRamaphosa paying back for the CR17 campaign.

True

But they keep stealing the investment monies..... Good morning South Africa

Like the PPE tenders and the asbestos project and the Vrede dairy project and the Spanish train project

Build more infrastructure so it can be stolen.?

Half of the employees and subcontractors would guys from Zim & Mozambique.

🙄

What Economy? Economy that is in the hands of White People? Cos we Blacks have NOTHING TO SHOW..Cyril is busy Empowering White more and more🤬🤬🤬

Y'all talking about repear the economy like the pandemic is gone. Wave 2 is already here

Nothing. Absolutely nothing can revive the South African economy until the ANC is voted out of power.

Or enrich a select few and cripple the economy even further...

His really good at stating the obvious.......

😆

God only knows it's long overdue.. 26 years overdue in fact!

🏃🏃🏃🏃 slavery salaries are coming our way,Zuma tried to uplift black people lives by bridging the gap of salaries between white and black and he reversing that,I feel so much betrayed by this man

This guy's doesn't know what he is talking about

Only if cadre are not going to loot,he must make sure no anc member is getting nearer the project,those cadre don’t have common sense and they are heartless,95% of what they touch get spoiled while their bank account grows and their garage filled with expensive machines

Connect the dots ! CR17Statements

Please can I ask if their any body to help us with something to eat please anything we really have nothing in the house even a food voucher will help please 0711699568 please I really don't want to ask but I don't know what to do Thanks you and God bless you.

And build schools so that the doors of learning and culture can be opened to the people like the ANC Freedom Charter said years ago.

It could. But the ANC record shows... for every R100 spent, R10 to the relevant officials who appoint, R60 to the middleman, R30 to the stuff actually being built.

We dont want things they sound uncertain about. 'could' while they have advisors and economists? The anc continues to make us fools. We need programs which GUARANTEE revival of the economy

He meant, Nigerians economy

Vele Vele under Cyril only his friends from Bidvest days will continue to amass the wealth of the country and black people will continue voting for ANC

And the railways!!!

And Agriculture!!!

Another looting scheme 😢

No bro, u need to stop the commie play book to get the country back on track.

The Zimbos are taking the infrastructure and exporting to China

Who will be getting those tenders and jobs Your own families and relatives aaaai can this government be fair for once in more than 20 years aaai

If it's done by white people, when black do the same is corruption

Yeah it would.... but where are you gonna get the money, your party is constantly stealing mody of the yearly budget.

PutSouthAfricanFirst

Infrastructure only foreigners will get those job's as they're the one who can survive less salary as it is even now, so eish

Fuck no!!! What infrastructure?

ONLY THE CHINESE WILL INVEST IN THIS BANTU HOMINID BACKED COUNTRY. The rest knows how criminal THE ANC ARE!

I just hope this infrastructure development is not one of the belt and road initiatives from China because if it is we might as well give the CCP the keys to the presidency. China will own this country while our own government is so corrupted and citizens are dying in poverty!

Corrupt & Weak Leaders

Yaaaaaawn.

What, like rail?

White people money and indian peoples company money ...maybe european countries also

You dom poes naai you and your cronies have stolen everything already VoetsekANC

Thats true

Listen carefully lol... 'could'

Who the f$& is going to invest in any development after all the blatant looting and plundering lately

South Africa should invest in factories to create jobs and alleviate crime. People need jobs to survive in this country. Please visit townships and see how many people are unemployed. This is the time to focus on improving black lives.

This kind of announcement I bet, it means different things to different South Africans, for some it could simply mean 'sadla-thina'

Until we stop paying R10 for R2 worth of infrastructure this country will continue sliding into the abyss. All tenders should be covered by a quote from an international company. If the local tender price does not beat it by 10% it goes to the international company.

Give the people the money... So many unemployed and they stop the uif...

Destruction of existing infrastructure now makes sense. RET is really a kk way to transfer ownership of the economy. Skills development would have been easier; but some couldn't wait to eat.

Bla bla bla! Flogging a dead horse. Just stay out of it and let the professionals do it.

The best way to revive the SA economy is this: voetsekanc voetsekramaphosa

foreign money right?

Will local construction companies be used 2 create_jobs & empowerment 'cause if companies like BalwinProp are used, usually no small_local_companies are given an opportunity & why is this not broadcast on Official_SABC1,SABC_2 or SABC3 is this not a NationIntereStstory?

Give it a rest you bloody criminal! VoetsekANC

Yes, but tender corruption is totally out of control.

Laughing as our existing infrastructure is stripped bare

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