Constituencies to Report Back on Framework Agreement

The Presidency

Constituencies will implement the agreed actions contained in the Jobs Summit Framework Agreement in their respective sectors and report back to president Ramaphosa on an ongoing basis.

The presidency made this known in a statement on the recent landmark Jobs Summit held in Johannesburg.

The Framework Agreement was signed at the start of the summit.

It is the product of intensive engagement amongst the social partners over several months.

The statement adds that all actions will be “tracked through a monitoring framework and quarterly reports on progress will be provided to the President to ensure that they have real impact”.

According to president Ramaphosa, South Africa “eagerly awaits our speedy and sustained implementation of this historic agreement which brings new hope to our country and to our partners in the global community”.

Some highlighted actions to be implemented include investment of R100bn over five years in black industrial enterprises, R1.5bn for a new Smallholder Support Fund and R1.5bn for the Township Enterprise Fund, up-scaling the implementation of the 30% set aside of government spend for SMMEs and cooperatives, put a mechanism in place to address regulatory constraints to investment, extension of the Employment Tax Incentive for a further 10 years, setting up a Presidential Climate Change Co-ordinating Commission and commitment to support the anti-corruption strategy and implementing a zero-tolerance approach to corruption.

Sabinet Cape Town Office