The MEC for Economic Development, Tourism and Environmental Affairs Nomusa Dube-Ncube, in her capacity as the Leader of Government will meet stakeholders to discuss interventions aimed at addressing economic challenges.

The meeting, to be held under the auspices of the KZN Economic Council, will deliberate on how to create, save jobs and contribute towards economic recovery.

She remarked: “Our own unemployment rate in KwaZulu Natal stands at 26%. The crisis demands that we must act, and act with utmost urgency. Partnership between the public and private sector will assist in steering a path towards growth and job opportunities. This partnership will be strengthened through this council.”

The meeting will also discuss concrete plans geared towards supporting companies in distress. The council will also discuss huge investment in infrastructure by government and the private sector.

Discussions are angled in a manner that details how such investments will result in a higher growth rate, especially in the construction sector than many other sectors.  In the past, the province recorded high employment in this sector - as a result of government investment in infrastructure. This shielded the province from the negative impact of recession.

Members of the media are requested to attend the briefing scheduled as follows:-

Date   :         28 February 2020

Time   :         10h00

Venue:          KZN Film Commission Offices, 13th Floor Musgrave Towers - 115 Musgrave Road, Musgrave

ISSUED BY THE KZN DEPARTMENT OF ECONOMIC DEVELOPMENT, TOURISM AND ENVIRONMENTAL AFFAIRS

Enquiries

Ndabezinhle Sibiya – 082 375 4742

Nathi Olifant - 060 970 5113