Ramaphosa: Govt to 'light a torch' on unemployment

Ramaphosa: Govt to 'light a torch' on unemployment

President Cyril Ramaphosa has vowed that the government, business and labour will work together to solve the country’s unemployment crisis.

President Cyril Ramaphosa
Pic Courtesy: @PresidencyZA

Ramaphosa was addressing the Women's Day celebrations in Vryburg on Friday. 


The latest unemployment figures released by Stats SA shows the country's unemployment rate now sits at a whopping 29% - the highest in 11 years. 


Ramaphosa said the government will meet at least once a month with the specific aim to deal with unemployment. 


"The first Monday of every month, I want to have a meeting with the key ministers of the economy, with labour, with business, communities and Nedlac and we can look at the employment figures in a very specific manner so that we are able to bring about change.


"So we are going to light a torch on the issue of unemployment much more broadly, to see which sectors are losing jobs and what we should do to stem the tide of job losses," he said.  

Ramaphosa's latest intervention on unemployment comes on the back of the report into last year’s Jobs Summit in Johannesburg. 


 


He has since received a report on the progress made in the implementation of the resolutions from last year's conference. 


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