#JOBSSUMMIT: WE'RE ROOTING OUT STATE CAPTURE
PRETORIA – President Cyril Ramaphosa on Thursday said his government was determined to eliminate the capture of the state and its organs through corruption which he said was one of the greatest barriers to investment and job creation in South Africa.
"One of the greatest barriers to investment, growth and job creation is corruption within all spheres of government, state owned enterprises and companies. We are determined as government to intensify the work we have already started to end state capture and root out corruption wherever it occurs and to bring those responsible to book," Ramaphosa said while addressing a highlevel jobs summit in Midrand.
"The social partners [incorporating business and organised labour] have agreed to support the government’s anticorruption strategy and to develop their own complementary strategies. Business has committed to implementing a zerotolerance approach to corruption and will develop several initiatives to develop training to combat corruption."
He said the social partners have agreed on the need to introduce financial disclosure for all relevant government employees and the conduct of lifestyle audits. "Through this jobs summit, government, labour, business and the community sector have agreed on concrete interventions to boost employment. We estimate that these interventions will create an additional 275 000 direct jobs a year," said Ramaphosa.
"This is over and above the jobs that would have been created without these interventions, which was on average about 300 000 a year over the past four years. The jobs summit agreement complements other initiatives to create jobs. In addition to what has been agreed between the social partners under the auspices of NEDLAC, several companies are working – either individually or with others in their sector – on plans to expand and create new jobs."
DETERMINED: SA President Cyril Ramaphosa.