party intends to create jobs as outlined in its manifestoleaving 7,9 million people in the country currently unemployed. The ANC has promised voters that it will create 2.5 million jobs in the next five years.
Chairperson of the ANC Economic Transformation Committee, Mmamoloko Kubayi, says the party’s overriding economic objective is to accelerate job creation, especially for young people. “This further entails the creation of multiple and diverse pathways and instruments for black industrialists to enter strategic, targeted industrial sectors. In seeking to accelerate industrialisation and enhance infrastructure, boosting investment and job creation to significantly higher levels, structural reforms will be complemented by various mechanisms which mobilise additional private sector investment towards building an inclusive economy.
He says ongoing plans by government to expand the country’s transmission line, and the transition from internal combustion engines to electric vehicles are set to increase industrial jobs.