when will the president address the nation again

This is a crisis.The solution to this crisis must be two-pronged – we must all create opportunities for youth employment and self-employment.On youth employment, as from today, we begin the implementation of the Presidential Youth Employment Intervention – six priority actions over the next five years to reduce youth unemployment.First, we are creating pathways for young people into the economy.We are building cutting-edge solutions to reach young people where they are – online, on the phone and in person.This will allow them to receive active support, information and work readiness training to increase their employability and match themselves to opportunities.Starting this month, we are launching five prototype sites in five provinces that will grow to a national network reaching three million young people through multiple channels.Secondly, we are fundamentally changing how we prepare young people for the future of work, providing shorter, more flexible courses in specific skills that employers in fast-growing sectors need.Thirdly, we are developing new and innovative ways to support youth entrepreneurship and self-employment.Fourthly, we are scaling up the Youth Employment Service and working with TVET colleges and the private sector to ensure that more learners receive practical experience in the workplace to complete their training.Fifthly, we are establishing the first cohort of a Presidential Youth Service Programme that will unlock the agency of young people and provide opportunities for them to earn an income while contributing to nation building.Finally, we will lead a youth employment initiative which will be funded by setting aside 1% of the budget to deal with the high levels of youth unemployment.This will be through top slicing from the budget, which will require that we all tighten our belts and redirect resources to address the national crisis of youth unemployment.The Minister of Finance will prioritise this initiative and give specific details when he delivers the Medium-Term Budget Policy Statement later this year.These six actions will together ensure that every young person in this country has a place to go, that their energy and capabilities are harnessed, and that they can contribute to the growth of their communities and their country.As part of this intervention, the National Youth Development Agency and the Department of Small Business Development will provide grant funding and business support to 1.000 young entrepreneurs in the next 100 days – starting tomorrow.We have invited three of these young entrepreneurs to join us here this evening: Siyabonga Tiwana, Sibusiso Mahone and Tholakele Nkosi.They and others like them prove that, given the necessary support, young people can create their own opportunities.These three young entrepreneurs form part of a larger and more ambitious programme to assist 100.000 young entrepreneurs over the next three years to access business skills training, funding and market facilitation.We are introducing the SheTradesZA platform to assist women-owned businesses to participate in global value chains and markets.Over the next five years, the Industrial Development Corporation is targeting R10 billion of own and partner funding for women-empowered businesses.To create a larger market for small businesses, we plan to designate 1.000 locally produced products that must be procured from Small, Medium and Micro Entreprises.The Procurement Bill will soon be presented to Parliament as part of our efforts to empower black and emerging businesses and advance radical economic transformation.This year, we intensify our investment drive with the establishment of an integrated investment promotion and facilitation capability coordinated from The Presidency.We will hold our third South Africa Investment Conference in November to review the implementation of previous commitments and to generate new investment into our economy.At the second South Africa Investment Conference last year, over 70 companies made investment commitments of R364 billion in industries as diverse as advanced manufacturing, agro-processing, infrastructure, mining, services, tourism and hospitality.In the first two years of our ambitious investment drive, we have raised a total of R664 billion in investment commitments, which is more than half of our five-year target of R1.2 trillion.More importantly, these investments are having a real impact.Already, projects with an investment value of R9 billion have been completed and 27 projects worth just over R250 billion are in implementation phases, with more coming on-stream this year.I have visited newly-built factories that make smartphones, and plants expanded to produce more cars, and walked through the dust on construction sites at supplier parks.We have been to the opening of facilities producing goods ranging from power cables to sanitary products, from tyres to food.We have made important progress in finalising and implementing master plans in vital parts of our economy.These master plans bring government, labour and business together to develop practical measures to spur growth at sector level and each partner contributes to making it work.Thanks in large measure to the Auto Master Plan, we sold more cars to the rest of the world last year than ever before, providing jobs for young people in Eastern Cape and KwaZulu-Natal.We launched a new auto special economic zone hub in Tshwane, which will expand production and local manufacture of components.The Clothing and Textiles Master Plan, which was signed last year, aims to create 121.000 new jobs in the retail-clothing textile and footwear sector over the decade.It involves commitments by retailers to buy goods locally, by manufacturers to invest and support transformation, and by labour to develop bargaining structures that promote agile manufacturing.For its part, government has already begun to act vigorously against illegal imports, seizing almost 400 containers with under-invoiced products in the last quarter of 2019.This suit that I am wearing today, like last year, was proudly made by South African workers.

What Does Off Rip Mean 2k, Rockville Md Zip Code 20852, Main Event Careers, Al Raya Yacht Interior, Vincent Trocheck Highlights, Real Housewives Gossip 2020, Super Bock Super Rock 2020 Cartaz, Succession Season 1 Episode 7 Recap Vulture, Valancourt Mysteries Of Udolpho, Up All Night Song Slaughter, In The Normal Course Of Things, Grey Whale Migration Map, Raider464 Impossible Edit Course Code, Chessbase Shop, Lab Created Diamonds Rings, Fallout 76 Wastelanders Release Date Time, Fire Tornado Facts, F1 2019 Error Code 1008:h, Funko Pop Deluxe Protectors, Southern Living Buttermilk Pie, House For Sale In Potomac, Md, Hunter March Instagram, Rockville Gazette, Spectre Opening, Bc Green Party Leadership Candidates, Jerk Gustafsson, Class A3 Pacific, Braidy Atlas, Event In Your Life That Changed You, Subclavian Vein Anatomy, Subclavian Artery Location,