LIVE | We will keep a close eye on NHI funding, vows Ramaphosa

Funding of R600 milliion has been allocated over the Medium-Term Expenditure Framework to support the clothing and textile sectors.

"In June, a number of Chinese companies signed agreements with SA counterparts of buy more than 25 billion of SA made goods."Ramaphosa says further measures to reduce the country's fiscal deficit and debt ratios will be announced in the mini budget by Finance Minister Tito Mboweni in October.We have agreed, together with Deputy President David Mabuza, we will convene regular meetings with all Nedlac Constituencies to review progress and take action to resolve problems.

The employee tax incentive has been extended to 2029 to enable more employers to take advantage of its provision to hire more young people.Between September 2018 and July 2019, the IDC approved upwards of R14 billion in infrastructure funding for roads, human settlements, water infrastructure, schools, student accommodation and public transport.

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