South Africa: President Announces R100bn Employment Stimulus Package

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Government has committed R100 billion to support and create over 800 000 employment opportunities over the next three years.

President Cyril Ramaphosa announced this at a joint sitting of the Houses of Parliament in a hybrid session on the Reconstruction and Recovery Plan aimed at steering the country back to desirable growth levels in the aftermath of the Coronavirus pandemic.

The employment stimulus package is one of four pillars that are part of the plan aimed at creating jobs and supporting…


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