Share

Zuma won't create 5 million jobs - DA

Cape Town - The latest African Development Bank data proves President Jacob Zuma will not fulfill his 2011 promise to create five million jobs in 10 years, Democratic Alliance (DA) parliamentary leader Lindiwe Mazibuko says.

Referring to the African Economic Outlook 2013 report, Mazibuko said: "South Africa’s economic growth prospects now fall in the bottom three in Africa, ahead of only Swaziland and Equatorial Guinea."

The report forecasts a 2.8% GDP growth for South Africa.

"The report also shows how South Africa is lagging far behind the continent’s average expected growth rate of 4.7%. Lower growth means that the economy cannot create the millions of jobs needed to eliminate poverty and unemployment," Mazibuko said.

The DA saw this as proof that Zuma's job targets would not be met.

"In fact, since President Zuma took office in 2009, 1.45 million more South Africans have joined the ranks of the unemployed."

Mazibuko said she would table a motion in the National Assembly for MPs to debate Zuma's "poor handling of the economy and his complete failure to meet his promise of creating five million jobs".

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.17
-0.0%
Rand - Pound
23.85
-0.1%
Rand - Euro
20.41
-0.1%
Rand - Aus dollar
12.30
-0.0%
Rand - Yen
0.12
-0.2%
Platinum
955.20
+0.5%
Palladium
1,032.00
+0.2%
Gold
2,391.33
+0.5%
Silver
28.49
+0.9%
Brent Crude
87.11
-0.2%
Top 40
66,986
-0.3%
All Share
73,059
-0.3%
Resource 10
63,250
-0.1%
Industrial 25
98,073
-0.4%
Financial 15
15,432
-0.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders