Overcoming tough times with partnerships
He said even though South Africa’s economy was in a tough position, it still managed to create 712 000 new jobs in 2015. Most of the new jobs came from agriculture, the construction industry and business services.He said even though these were difficult times, a lot could be achieved with partnerships. “We have concrete plans and above all, actions in order to stimulate inclusive growth, job creation and reduction in inequality.”
He said government will need to act decisively against corruption that diverts resources and skews decision-making. “For state-owned companies, we will need to strengthen governance, restore their balance sheets and enhance operational management. “We will act against public entities who do not pay small suppliers on time and deepen our partnerships with the private sector and labour,” Minister Patel said. He said state capacity will need to be sharpened with trained qualified staff in key positions.