By: Natasha Archary
The Democratic Alliance (DA) has announced a new economic policy to rescue South Africans from unemployment.
DA leader, John Steenhuisen says his party knows exactly where to create jobs, what what choices they need to make, and what the trade-offs and costs are.
Under the new economic policy proposed, the DA plans to introduce between 1.9 million to 2.5 million new jobs over a 5-year period.
According to Steenhuisen rescuing South Africa from unemployment boils down to making better fiscal choices, and having the right people in the right places.
“At the DA’s national manifesto launch in February, I announced that our first and most important pledge in this election is to deliver two million new jobs, and to lay the foundation for a new, rapidly growing and modern economy.
The policy we launch today, shows why this is a credible, achievable and urgent pledge that a DA national government will deliver on.It is all built on getting the right people into government, so that we can make better choices.
The policy sets out how we will improve the ease of doing business, which alone will unlock between 250 000 and 400 000 new jobs.Through making better fiscal choices, we will generate another 250 000 to 500 000 new jobs.
Reforming labour policies through better choices, including our introduction of a new Youth Employment Opportunity Certificate, will unleash hundreds of thousands more jobs for young people.
Coupled with making better choices on collective bargaining to expand representation and exempt small, medium and micro enterprises from agreements they cannot afford, this will ignite the creation of a further 500 000 to 1 000 000 new jobs.”
DA Leader John Steenhuisen announced a new economic policy to rescue SA from unemployment
Steenhuisen is confident that the new economic policy will address the urgent unemployment rate in the country.
A further 250 000 to 500 000 jobs in the industrial sector and 100 000 to 150 000 jobs in the trade industry has also been included in the opposition party’s plan.
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