As part of its five-year plan to improve the lives of South Africans, the African National Congress (ANC) says it commits to ending discrimination, unemployment, and inequality.
In a statement on Tuesday, the ANC General Secretary, Ace Magashule acknowledged the three were the serious challenges experienced by South Africans, especially the youth
“About 10 million South Africans are unemployed. We [ANC] NEC Lekgotla plans to reduce unemployment from 27.6% to 14% in the next five years, skilling and re-skilling programme to 3, 5 million young people.
“We are seeking at diversifying the economy, develop and invest in targeted sectors, to make sure black people including women take part in the economy,” said Magashule
Ten sectors are; automotive, clothing, textile and leather and footwear, gas, chemicals and plastics, renewables, steel, and metal fabrication, tourism, high-tech sectors, the creative industry, oceans economy and agriculture and agro-processing.
“We will get the government to declare a three-shift economy to increase the prospect of employment, among young people.
Working closely with labour and business, a three-shift will emerge in an “economy that does not sleep,” Magashule said.
To fight youth unemployment, the ANC will speed up implementation of employment programmes such as Tshepo One Million and implementing the National Youth Services across government.
“The ANC will explore innovative young entrepreneurs as part of building a culture of youth entrepreneurship and job creation,” said Magashule.
He said the ANC has concluded to eliminate work experience requirement for young people, adding that it will affect the public sector without further delay.”
Lekgotla identified rural and township economy as critical, with increased support for Small Medium and Micro Enterprises (SMMEs) through one-stop business registration, access to capital and markets.
In addition, said Magashule the government should consider tax incentives to businesses that invest in the rural and township economy.
“The ANC will review Government procurement to foster support for local economic development, BBBEE, and small businesses and cooperatives.
We will develop an effective formula for set-asides targeting unemployed persons, women, youth-owned small enterprises and all other sectors of society” added Magashule.Follow us on Social Media