Unemployment is not the issue in South Africa: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Economist Dawie Roodt was reacting to President Cyril Ramaphosa’s comments during his reply to the debate on the State of the Nation Address (SONA2022) where the President reiterated his view that the private sector created jobs.

Unemployed men wait on a street corner in the hope of getting casual work in Pietermaritzburg, South Africa June 28, 2017.Roodt was reacting to PresidentVIDEO: Ramaphosa replies to SONA debate:

Ramaphosa in his address said that government’s task was to create the conditions for the private sector to grow and create jobs. Roodt has disputed the suggestion that the presidential employment stimulus helped create hundreds of thousands of jobs. He says, “No, those are not real jobs, those are 600 000 people that you keep busy. It’s 600 000 people that are waving flags somewhere, 600 000 that are earning sub-par wages, I don’t want that. I want in fact, millions of people that earn much more than what the state is currently paying for these so-called job creation schemes. No, that is not job creation, that is just keeping a lot of people busy. The only way that we can create wealth and jobs in South Africa, is by growing the economy.

Nkomo says, “The government’s role is to make sure that the environment under which entrepreneurs and business people operate is conducive for the creation of opportunities and execution of opportunities.”This entry was posted on 17 Feb 2022,08:49AM at 8:49 AM and is filed under

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Investing with williamchurch09 has brought my family so much joy, I've received R80,500 from my little funds i invested and I'm grateful, i advice everyone to invest with 👇👇👇👇 williamchurch09

Sophie_Mokoena Investing with williamchurch09 has brought my family so much joy, I've received R80,500 from my little funds i invested and I'm grateful, i advice everyone to invest with 👇👇👇👇 williamchurch09

President Cyril don't have the vision of the ones who know who have the vision and experience like Dawie Roodt. The penny will never drop. You have it or your don't. You can't buy it over the counter it is in your genes

Sophie_Mokoena I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Julie_fx_trader on Twitter she guides me through and i made a return of R66,000 after a week of trading, connect with her Julie_fx_trader

I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Julie_fx_trader on Twitter she guides me through and i made a return of R66,000 after a week of trading, connect with her Julie_fx_trader

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ramaphosa bemoans slow pace of doing business in South AfricaContinuing with our conversation on President Cyril Ramaphosa's response to the State of the Nation Address looking at business we are now joined by SAFTU Se...
Source: SABCNews - 🏆 37. / 51 Read more »