BUSINESS NEWS

Jobs Summit- take it serious warns Cosatu

Ready for Jobs Summit. Pres Cyril Matamela Ramaphosa to open the all important Summit on Thursday.

The summit, which will be convened by the National Economic Development and Labour Council (NEDLAC) will take place at the Gallagher Convention Centre in Midrand, Gauteng on 4 and 5 October.

“The President stated that the summit would examine what needs to be done to ensure the economy grows and becomes more productive, that companies invest on a far greater scale that workers are better equipped, and that economic infrastructure is expanded,” the statement said.

“The jobs summit, which is inter-related with the International Investment Conference that will take place later this month, will bring together all NEDLAC constituencies comprising government, organised labour, organised business and organised community to focus on collaborative and high-impact interventions to drive job creation, job retention and economic growth.”

Ramaphosa will be accompanied by deputy president David Mabuza and members of his cabinet.

The president first mooted the jobs summit during his state-of-the-nation address in February, saying stakeholders need to be brought together to come up with practical steps to grow the economy and create jobs.

Meanwhile, Cosatu’s Bheki Ntshalintshali says Government, business must take the Jobs Summit seriously-reports SLM.

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