Grow­ing the econ­omy

Vuk'uzenzele - - Sona 2018 - More Mat­shediso

In­fra­struc­ture in­vest­ment is key to grow­ing South Africa’s econ­omy, to cre­ate jobs, em­power small busi­nesses and pro­vide ser­vices to cit­i­zens, said Pres­i­dent Cyril Ramaphosa.

De­liv­er­ing his first State of the Na­tion Ad­dress in Par­lia­ment in Cape Town Pres­i­dent Ramaphosa said gov­ern­ment has in­vested heav­ily in new roads, power sta­tions, schools and other in­fra­struc­ture.

Some of the projects are tak­ing time to get off the ground and are aimed at en­hanc­ing gov­ern­ment’s ef­forts to de­velop the coun­try’s in­fra­struc­ture.

To ad­dress this, Pres­i­dent Ramaphosa said he will put a team to­gether to speed up im­ple­men­ta­tion of new projects, par­tic­u­larly wa­ter and health fa­cil­i­ties as well as road main­te­nance.

“We have learnt some valu­able lessons from our ex­pe­ri­ence in build­ing all the new in­fra­struc­ture, which will in­form our way ahead. We will fo­cus on im­prove­ments in our bud­get and mon­i­tor­ing sys­tems, im­prove the in­te­gra­tion of projects and build a broad com­pact on in­fra­struc­ture with busi­ness and or­gan­ised labour,” said Pres­i­dent.

Ul­ti­mately, he said, the growth of South Africa’s econ­omy will be sus­tained by small busi­nesses, as is the case in many coun­tries.

“It is our shared re­spon­si­bil­ity to grow this vi­tal sec­tor of the econ­omy,” he said.

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