The Department of Trade and Industry (DTI) announced on Monday (30/01) that it has allocated R50 million for the first phase of the refurbishment of the Phuthaditjhaba Industrial Park in Qwaqwa.
This is part of the department’s Revitalisation of the Industrial Parks Programme. It aims to revitalise South Africa’s state-owned industrial parks to contribute to the country’s economic growth, attracting investments to the areas where they are situated, creating jobs and addressing inequality.
According to the minister of Trade and Industry, Dr Rob Davies, Phuthaditjhaba is one of the five industrial parks for which his department has set aside R216 million for their revitalisation this year.
Last year the department comple-ted the first phase of the Botshabelo Industrial Park. This had a total cost of R24 million.
Allocations are in line with the Inter-Ministerial Committee on Public Employment Programmes.
The programme wants to create six million work opportunities by 2019 – ahead of the general election in South Africa.
In view of the 2019 election with job creation as cornerstone, Pres. Jacob Zuma said the ruling party would win the 2019 election. He addressed ANC-supporters in Limpopo during an event on 8 January.
According to results released by Statistics South Africa (Stats SA) in May last year, the unemployment rate in South Africa had grown by 39,4%. This unemployment rate is the highest in 13 years. The findings painted a bleak future for the Free State. The unemployment had grown by 3,5% to 33,9% – the highest out of all nine provinces in the country.
- The breakdown of the economically inactive population in the Free State, as it is now, is as follows: 405 000 people are officially unemployed;) 681 000 people are not economically active in any way;) 66 000 people have given up looking for employment altogether; and) out of a working-age population of 1 872 million people in the Free State, only 790 000 have jobs.