Initiatives and agreements coming out of the jobs
summit will lead to 275‚000 jobs a year‚ according to President Cyril
Ramaphosa.
The country’s social partners comprising business‚ labour‚ government
and community constituencies signed an agreement on Thursday‚ which
contained several proposed solutions to the country’s unemployment
crisis.
The framework will include what Ramaphosa said were “ambitious and
realisable” solutions following months of intensive engagements between
the social partners at the National Economic Development and Labour
Council (Nedlac) on how to create and retain jobs.
He said the plan included the establishment of rapid-response teams of
experts to assist businesses in crisis before workers are retrenched‚
the revival of the training layoff scheme‚ the promotion of South
African exports and the mobilisation of finance for businesses at a
greater scale.
“This time around we are determined to implement the various
interventions that social partners have come up with … you may say this
is just talk‚ it has been thoroughly processed‚ discussed over the past
few months and I am satisfied that we have calibrated what needs to be
done to embark on the various interventions‚” said the president.
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