WATCH: Ramaphosa reveals plan to reignite economy

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President Cyril Ramaphosa was speaking in a joint sitting in Parliament on Thursday.

Government is committing a-hundred-billion-rand to realise the new economic recovery plan. And the President is reassuring South Africans that there will be NO political interference with the work of law enforcement agencies. This, in the wake of the country's crime and corruption crisis. eNCA's Lindsay Dentlinger looks at what lies ahead. Courtesy

CAPE TOWN - President Cyril Ramaphosa has outlined plans to reignite the economy by creating jobs through infrastructure development.Ramaphosa's plan is to raise growth to around three-percent on average over the next 10 years."More than 60-thousand jobs will be created for labour-intensive maintenance and construction of municipal infrastructure and rural roads," Ramaphosa said.

"To support our healthcare system an additional 6,000 community health workers and nursing assistants will be deployed as we proceed with the implementation of National Health Insurance." Fifty strategic projects are to be fast-tracked enabling R340-billion in new investment but the plan will rely heavily on a secure energy supply, which Ramaphosa is promising within the next two years."In the immediate term, agreements will be finalised with Independent Power Producers to connect over 2000mw of additional capacity from existing projects by June 2021," Ramaphosa said.

Source: Financial Digest (financialdigest.net)

 

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If you really crc about this country,dismantle ANC,We need new government now,you guys have been in power 26yrs and all you doing is to show Us a middle finger.tell us you as a president u proud of this country if not do the right thing together with your cronies

Dear do you agree with the racial based BEE policies of the ANC & EFF government in south africa? Or will you support the Our_DA & helenzille with their non-racial policies? The racial BEE laws of the ANC does not once mention liberty, equality & fraternity.....

We have been waiting for how many years now?

VoetsekANC CyrilRamaphosa

How can you ignite a nation when the firewood is already burnt....all the money!!!!!! You play with their minds...promises after promises....

In a country where the President and his vice cannot grow a single hair on their heads, how do u expect them to grow the country's economy?

😂😂😂😂

This bee product has no clue, he is not a business man he benefitted from anc cadre deployee bee

What a joke

😥...😴rama-pussy please go home, be safe and be quiet! 26 years is South Africans giving tolerance and patience a whole new definition! Y'all tried and failed miserably so rather take the looted money and step aside and leave little that's left of this once beautiful country ffs

If by “reignite” you mean

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework Dm for vital info

The no nothing burger plan.

Ramaphosa consistently misses golden opportunities to inspire confidence and safeguard the economy. He has already demonstrated that he is unable to attract investment, and covers up for the ANC's incompetence. Money, and people, are pouring out of SA.

More like ignite the country - he is not fit for purpose

Again?

same old plans with no direction, implementation or urgency! Anc's pie in the sky strategies.. useless as usual..

All soe's should be privatised...that way corruption will stop!

Oh please!

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