Slow Growth for SA Economy

One of the biggest challenges facing the South African economy is that it is not growing fast enough

One of the biggest challenges facing the South African economy was that it was not growing fast enough and a number of bodies‚ including labour‚ needed to work together to address this challenge‚ Finance Minister Pravin Gordhan said on Wednesday.

Gordhan was addressing trade union UASA’s sixth national congress in Boksburg on the state of the economy and the collaborative role of the social partners in trying to avoid a ratings downgrade by international ratings agencies.

His address comes just less than a week before he presents the Medium Term Budget Policy Statement in Parliament next Wednesday.

“How do we get higher levels of growth? How do we shake this high number of unemployment?

To read the article titled, “Economy not growing fast enough: Gordhan” click here.

Source: 
Sowetan Live

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