President Cyril Ramaphosa has acknowledged, in his Q&A session in parliament, that more still needs to be done to improve joblessness and the economy.
President Cyril Ramaphosa has lashed out at Democratic Alliance leader Mmusi Maimane, accusing him of not contributing to the dialogue on various socio-economic issues affecting the country.
Ramaphosa was answering questions from MPs on Wednesday.
The president reiterated his concern over the high unemployment rate, which stands at a staggering 27.2 percent, as well as the state of the economy – aspects he has promised to address since coming into office in February.
Ramaphosa said that a turnaround strategy was in place to improve the economy and stimulate economic growth. Government is expected to host an investment summit in October.
Maimane criticised the president’s approach, yet again, arguing that not much would be achieved while some cabinet ministers who served under his predecessor Jacob Zuma, were still at the helm.
“If you want to ignite growth, are you willing to change your Cabinet to promote new economic growth?”, Maimane asked.
Ramaphosa hit back, accusing him of not bringing much to the table.
“I’ve waited with an open hand for some pearls of wisdom from you, but I have not heard anything wiser from you. And I regret to say you are playing the people and the man and you are not talking to the substantive issues that have to do with economic growth.”
EFF Chief Whip, Floyd Shivambu questioned how Ramaphosa would go about seeking international investors whilst the unemployment crisis still lingered. “How are you going to look for money from outside?” asked Shivambu. “It has never happened anywhere where you get foreign direct investment if you have not been able to deal with the job problem, where there is an inward looking job creation plan, as was implemented in South Korea, Japan, and Southeast Asia,”