Observer on Saturday - - News - ANA

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.

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