Gov­ern­ment’s pri­or­i­ties for 2018

Vuk'uzenzele - - Sona 2018 - More Mat­shediso

Gov­ern­ment will em­bark on a num­ber of mea­sures to ad­dress un­em­ploy­ment, forge ahead with lo­cal­i­sa­tion and en­sure trans­for­ma­tion in in­dus­tri­al­i­sa­tion.

“We are one peo­ple, com­mit­ted to work­ing to­gether to find jobs for our youth; build fac­to­ries, roads, houses and clin­ics; pre­pare our chil­dren for a world of change and progress; and build cities and towns where fam­i­lies are safe, pro­duc­tive and con­tent,” said Pres­i­dent Cyril Ramaphosa in his State of the Na­tion Ad­dress.

Gov­ern­ment's lo­cal­i­sa­tion pro­gramme will help stim­u­late man­u­fac­tur­ing and des­ig­nate prod­ucts like tex­tiles, cloth­ing, fur­ni­ture, rail rolling stock and wa­ter me­ters for lo­cal pro­cure­ment.

“We have al­ready spent over R57 bil­lion on lo­cally-pro­duced goods that may have been im­ported from other coun­tries,” said Pres­i­dent Ramaphosa.

Spe­cial eco­nomic zones re­main im­por­tant in­stru­ments that gov­ern­ment will use to at­tract strate­gic for­eign and do­mes­tic di­rect in­vest­ment and build tar­geted in­dus­trial ca­pa­bil­i­ties and es­tab­lish new in­dus­trial hubs. Pres­i­dent Ramaphosa stressed that in­dus­tri­al­i­sa­tion must be un­der­pinned by trans­for­ma­tion.

Through mea­sures like pref­er­en­tial pro­cure­ment and the black in­dus­tri­al­ists pro­gramme, South Africa is de­vel­op­ing a new gen­er­a­tion of black and fe­male pro­duc­ers that can build en­ter­prises of sig­nif­i­cant scale and ca­pa­bil­ity.

The Pres­i­dent said gov­ern­ment will im­prove its ca­pac­ity to sup­port black pro­fes­sion­als, deal de­ci­sively with com­pa­nies that re­sist trans­for­ma­tion, use com­pe­ti­tion pol­icy to open mar­kets up to new black en­trants, and in­vest in the de­vel­op­ment of busi­nesses in town­ships and ru­ral ar­eas. “Rad­i­cal eco­nomic trans­for­ma­tion re­quires that we fun­da­men­tally im­prove the po­si­tion of black women and com­mu­ni­ties in the econ­omy, en­sur­ing that they are own­ers, man­agers, pro­duc­ers and fi­nanciers,” he said.

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