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Ramaphosa: SA economy needs decisive action

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Deputy President Cyril Ramaphosa.
Deputy President Cyril Ramaphosa.

Johannesburg - South Africa needs decisive action to strengthen the economy, stimulate growth and increase employment, Deputy President Cyril Ramaphosa said at the Gauteng Economic Indaba on Wednesday.

"In support of the nine-point plan announced by President Jacob Zuma in the State of the Nation Address last year, government is working with business and labour on several critical interventions in the economy," he said.
 
"These include significant investment in small business, strengthening of state owned enterprises, improving the labour relations environment and mobilising private sector investment in infrastructure."

Ramaphosa emphasised how important it is that SA business, labour and Government speak in one voice, something, in his view, which has been happening.
 
"We have demonstrated common purpose and a shared sense of urgency," he said.

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