South African Employment and Labour Minister Thulas Nxesi expressed disappointment with the slow pace of transformation within the country’s economy.
- Speaking at a virtual Manufacturing Indaba, Nxesi said that while some progress has been made in terms of employment equity and black economic empowerment, it is not enough.
- He called on businesses to do more to promote diversity and transformation, saying that it is not just a moral imperative but also a business imperative.
- Nxesi highlighted the importance of job creation and youth employment, noting that the COVID-19 pandemic has had a particularly devastating impact on young people.
- He urged businesses to take advantage of government incentives and support programs to promote transformation and job creation.
- Nxesi also emphasized the need for greater investment in infrastructure, particularly in rural areas, to support economic growth and development.
- He praised the manufacturing sector for its resilience during the pandemic and its potential to drive economic recovery and job creation in the future.