Since lockdown, due to this pandemic, South Africa’s economic growth has been dropping down. Now to boost up the economy President Cyril Ramaphosa exposed a plan to return Africa’s most industrialised economy to growth. He said on Thursday that South Africa will begin a journey on major public works and job-creation drive.
When the President was shown the data regarding the contraction in the largest-ever gross domestic product (GDP) in the second quarter, he introduced his plan that could create more than one trillion rands ($60bn) in investment. Also, it would create more than 800,000 jobs in the next 4 years. He also said that it could raise annual economic growth to an average of around 3 per cent over the next 10 years.
Data source: Al Jazeera
Nigeria’s leading music figure and vocalist, Cobhams Asuquo, known for his singing and production said…
Following a mixed reaction from the South African community representatives, Khoi and San, the Cape…
Mitigating the process and service barriers in African rail transportation, the digital disruption has transformed…
Kais Saied, the Tunisian president has said in his speech that he will allow the…
You know the credibility of an ingredient when it’s plastered all over bottles and jars…
Cyclone Gombe that flooded large areas of central and northern Mozambique is consistently leading to…
This website uses cookies.