Cyril Ramaphosa 🇿🇦

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We continue to work in a social compact with the private sector to create a more conducive environment for them to be able to create jobs.   Our compact with the private sector is underpinned by a clear commitment to grow our economy and to create jobs. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Our third priority intervention is an employment stimulus to create jobs and support livelihoods.   The largest numbers of jobs will be created by the private sector in a number of industries as the economy recovers. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

In the past year, more than 125,000 new companies have been registered through the BizPortal platform, completing their registration in just a matter of hours from the comfort of their homes or offices.   We are making it easier for business to do business. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We have worked to facilitate investment by increasing the ease of doing business, including by making it easier to start a business. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Firms have reported that some R183 billion of these investments has already flowed into projects that benefit the South African economy.   This shows that our country is still an attractive investment destination for both local and offshore companies. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Together with investment confirmed from the two previous investment conferences, we have now received R773 billion in investment commitments towards our 5-year target of R1.2 trillion. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Even under difficult economic circumstances, the Investment Conference managed to raise some R108 billion in additional investment commitments. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

In November last year, we held our third South Africa Investment Conference to review the implementation of previous commitments and to generate new investment into our economy. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Last year, government agreed to landmark deals with companies that will advance black economic empowerment by transferring ownership to their workers. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

To address the deep inequalities in our society, we must accelerate the implementation of broad-based black economic empowerment policies on ownership, control and management of the economy. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

The AfCFTA provides a platform for the South African businesses to expand into markets across the continent, and for South Africa to position itself as a gateway to the continent. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

This year, we will begin to harness the opportunities presented by the African Continental Free Trade Area, which came into operation on the 1st of January following the adoption of the Johannesburg Declaration by the African Union.   #AfCFTA #SONA2021 — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

This will be part of our concerted effort to boost the manufacturing sector. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

This year, our focus will be on getting the industry back to full production, implementing the Black Industrialist Fund and working on a new platform for expanded auto trade with the rest of the continent. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

This follows investment announcements by Nissan, Mercedes Benz and Isuzu in expanded production facilities, all of which cement South Africa’s position as a global player in auto manufacturing. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Toyota has invested in their KwaZulu-Natal facility to start production of the first generation of hybrid electric vehicles to come off a South African assembly line. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Nearly half of the procurement spend on construction of the bulk earthworks and top structure at the Tshwane Special Economic Zone during this phase is expected to be allocated for SMMEs, an amount equal to R1.7 billion in procurement opportunities. #SONA2021 — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

This investment will support the growth of around 12 small and medium enterprises in automotive component manufacturing. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Last week, the Ford Motor Company announced a R16 billion investment to expand their manufacturing facility in Tshwane for the next generation Ford Ranger bakkie. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We have worked closely with the auto sector to help it weather the pandemic.   By the end of the year, the sector had recovered around 70% of its normal annual production, in difficult circumstances. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Since the signing of the clothing, textile, footwear and leather masterplan in November 2019, the industry has invested more than half a billion rand to expand local manufacturing facilities, including SMMEs. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Support for black small-scale farmers is being stepped up, with a large beverage producer committing to expand their procurement sharply. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Through the implementation of the plan, last year saw a rise in local production and a decline in imported sugar, creating stability for an industry which employs some 85,000 workers. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

The sugar master plan was signed during the lockdown, with a commitment from large users of sugar to procure at least 80% of their sugar needs from local growers. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Through the implementation of the poultry master plan, the industry has invested R800 million to upgrade production.   South Africa now produces an additional one million chickens every week. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Four master plans that have been completed and signed to date – which are part of the social compact between labour, business, government and communities – have already had an impact in their respective industries. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

In the State of the Nation Address last year, I said that our vision for industrialisation is underpinned by sector master plans to rejuvenate and grow key industries. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We are greatly encouraged by the active involvement of business, labour, the health industry and medical schemes, in preparing for this mass vaccination drive. As we have overcome before, we will overcome again and rise.   But it is not just this disease that we must defeat. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We are greatly encouraged by the active involvement of business, labour, health industry & medical schemes in particular in preparing for this mass vaccination drive. As we have overcome before, we will overcome again & rise.   But it is not just this disease that we must defeat. — PolitiTweet.org

Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

We will continue to use the science-driven approach that has served us well since the earliest days of the pandemic.   The success of the vaccination programme will rely on active collaboration between all sectors of society.   #SONA2021 — PolitiTweet.org