SOUTH AFRICA SHOULD LOOK AT CHINESE-MODEL ON JOBS RAMAPHOSA
While the state has a clear role to play in job creation, it is ultimately the private sector that creates the most jobs, says president Cyril Ramaphosa.
Speaking in parliament on Wednesday 16 February, Ramaphosa highlighted China as a good example of mixed economic growth, and noted the private sector currently employs some three-quarters of South Africas workers and accounts for over two-thirds of investment and research and development expenditure.
We do not agree that by recognising the role of business in creating employment that we diminish the central role of the state in coordinating, planning and guiding the development
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