Eastern Cape job stats ‘painful’, says premier

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Eastern Cape premier Oscar Mabuyane has called on business to stave off retrenchments to bolster their revenue.

economic recovery plan started by President Cyril Ramaphosa would improve the province’s economy.

“We want to encourage private companies not to use retrenchments as a means to save revenue for their businesses. They should find smart business strategies to protect jobs and [the] livelihood of workers, while ensuring profitability of their businesses.” “All the catalytic infrastructure projects, some which were approved by the national government for implementation in our province, have multiplier effects that will buoy our provincial economy to growth,” Mabuyane said.

 

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