President Ramaphosa to receive NEDLAC report on 2018 Jobs Summit

The aim of the 2018 Summit was to explore mechanisms to ensure the economy grows and becomes more productive and to upscale investment in the economy.

President Cyril Ramaphosa will tomorrow, Thursday 01 August 2019, receive a report by the National Economic Development and Labour Council (NEDLAC) on progress made in the implementation of the Framework Agreement adopted by the 2018 Presidential Jobs Summit.

The Summit was convened in October 2018 at the Gallagher Conference Centre.

The NEDLAC report will document progress and challenges encountered in relation to the Framework Agreement that was adopted at the Summit and which included programs and projects to create jobs; mechanisms to unblock barriers to effective implementation; as well as agreements on the imperative for job retention and ways to prevent job losses.

Since the Jobs Summit, agreements and commitments made have been tabulated in six work plans which are being used to inform implementation and monitor progress made.

The work plans are as follows:

• Prevention of Job Losses Interventions

• Economic Sector-Specific Interventions

• Small, Medium and Micro Enterprises (SMME) Interventions

• Education and Skills Interventions

• Inclusive Growth Interventions

• Public and Social Interventions

The aim of the 2018 Summit was to explore mechanisms to ensure the economy grows and becomes more productive and to upscale investment in the economy. The engagement among government, business, labor, and community also set out to ensure that workers are better skilled and that the economic infrastructure is expanded.

(With Inputs from South African Presidency Release)