JOHANNESBURG: South African President Cyril Ramaphosa has said that the Government of National Unity (GNU) will advance three key priorities over the next five years, aimed at boosting economic growth and alleviating poverty.
Addressing the Opening of Parliament at Cape Town City Hall on Thursday night, Ramaphosa emphasized inclusive economic growth as the centerpiece of the GNU’s agenda.
The three strategic priorities include fostering inclusive growth and job creation, tackling poverty and the high cost of living, and developing a capable, ethical, and proactive state.
The president affirmed the administration’s dedication to advancing programs that promote broad-based black economic empowerment, employment equity, and support for small and medium-sized enterprises.
He also announced plans to increase funding for land reform, prioritize the transfer of state land, and enhance post-settlement support by bolstering institutional capacity.
Ramaphosa outlined a commitment to forging a new growth trajectory through substantial investments in infrastructure over the next five years. The government aims to enhance job creation by promoting the processing of minerals for export as finished products rather than raw materials.
Furthermore, the president pledged expanded investments in renewable energy to foster inclusive growth, leveraging South Africa’s abundant solar and wind resources.
