Eighteen is the creation of jobs especially for the young people in our country thank you we are going to embark on a number of measures to address the unemployment challenge one of the initiatives we will embark on is to convene a jobs summit within the next few months to align the efforts of every sector in every stakeholder up behind the imperative of job creation. Now this is a response to a number of stakeholders in the Labor Movement and business who have said to us as government what is needed to immediately and gently address the challenge of jobs is to have a jobs summit where many South Africans were put their Heads Together and come up with Solutions Summit to look at what we need to do to ensure that our economy grows and becomes more productive that Companies Invest on a far greater scale and that workers are better equipped and that i way cannot make infrastructure its also expanded we will expect this summit yes to come up with practical but solutions and initiative so that they can be implemented immediately. We will make a major push this year to encourage significant new investment in icon army to this and we were organize an Investment Conference in the next three months targeting both domestic and International Investors to market the compelling Investment Opportunities to be found in our country and there are many such opportunities thank you. As part of the many initiatives that we are going to take we are going to address the deep cry over many years of our manufacturing capacity which has deeply affected employment and exports we will see. We were sick to really industrialize on a scale at a pace that draws millions of job seekers into the economy well away into promoting greater investment in key manufacturing sectors through the start teaching use of incentives and a number of other measures that government has at its disposal to further stimulate when youre factoring we were forge ahead with the Localization Program through which pro ducts such as textiles clothing menu furniture. Rolling stock and water meters a decision ated for local procurement thank. You. We have already spent fifty seven billion rand on locally produced goods. That may have been imported from a number a number of countries thus creating jobs in other countries where we import goods from special Economic Zones but the main important instruments that we will use to are trucked start teaching foreign and domestic direct investment and also to build targeted industrial capabilities and to establish new industrial hubs throughout the country those habs have already been identified a number of them are already in construction the process of industrialisation must also be underpinned by transformation through measures like professor asia procurement and a black Industrialist Program we are developing a new generation of black and women produces that are able to build enterprises of significant scale and capability. Thanks we were. Improve our capacity to support black professionals. And deal decisively with companies that can resist transformation and we will use competition policy to open up the market up to new blood entrance and invest in the development of businesses in our townships as well as in our rural areas thank you radical Economic Transformation requires that we fundamentally improve the position of black women and our communities in the economy and shoring that they are owners they become managers they become active participants in the economy and they become produce us and in the end some of them may well become finance years as well thank our most grave and most pressing challenge is youth unemployment it is therefore a matter of great urgency that we draw young people in far greater numbers into the productive Economic Activity of our country young South Africans will be moved to the center of our economy guy genda they are already forming a greater proportion of the labor force on our Infrastructure Projects and the primary beneficiaries of programs such as the installation of solar water meter heaters and their worn leaks we are taking steps and measures to involve our young people in Economic Activity because it is that that we face a great challenge with regard to unemployment. We continue to draw these young people in far greater numbers into productive Economic Activity through programs such as they prime and Tax Initiative working in partnership with business organized labor and Community Representatives we are creating opportunities for young people to be exposed to the world of work through internal ships through apprenticeships through mentorships and through enter penny a ship programs as well next month we will launch the Youth EmploymentService Initiative which will place yes you ask how many which will place unemployed youth in paid internships in Companies Across the economy to gather with our part us. Together with our partners we have agreed to create a marilee and such intention in the next three years. If we are to respond effectively to the needs of young people it is essential that they themselves articulated our views their needs and they are able to engage with government at the highest level to this and i will therefore be establishing a Youth Working Group that is representatives of young South Africans to ensure that our policies and programs advance the interests. Infrastructure investment is key to our efforts to grow the economy to create jobs to empower Small Businesses and provide services to our people we have invested heavily in new roads power stations schools and other infrastructure and some of our projects some of our projects are taking time to get out of the ground. And to enhance all the efforts that we are making i will assemble a team to speed up implementation of new projects particularly war to protests Health Facilities and road maintenance the team will be set up and do most of the work. We have learned valuable lessons from our experience in building all the new infrastructure which will inform our way i hate we will focus on improvements in our budget and Monitoring Systems improve the integration of projects and prod compact of infrastructure. With business and organized labor mining is another area that has massive underutilized potential for growth and job creation in our country we need to see mining as a sunrise industry rather than a sunset industry. We were revitalize our mining sector. With the revival in Commodity Prices we are determined to work with Mining Companies with unions and communities to grow this sector to our talk to new investment to create jobs and set the industry on a new path of transformation and sustainability this year we will intensify engagements with our stakeholders. On the mining charta to ensure that it is truly and effectively an instrument to sustainably transform the face of mining in south africa. By working together in a general partnership which is underscored by trust and a shared vision i am certain that we will be able to resolve the current impasse and agree on a chart that both accelerates transformation and grows this vital sector of our economy. Processing of the. Da Amendment Bill through both houses of parliament is that an advanced stage with an indication by parliament that the bill were reasonably be finalized during the First Quarter of twenty eighteen the bill once an act it into law will end tranqs existing regulated research n. T. Provide for security of tenure and advance of such economic interest of all South Africans we are extremely concerned about the rising. Fatalities in mining particularly this year we call on Mining Companies to Work Together with all stakeholders to ensure that mine accidents are dramatically reduced this year one mining fatality fatality is far too many ultimately the growth of our economy will be sustained by Small Businesses as is the case in a number of countries around the world it is our shared responsibility to grow this by tell a sector of the economy we will work with our social partner us to build a Small Business support ecosystem that assists but also naresh is and promotes and trepanier this government will honor its undertaking to set aside at least thirty percent of public procurement to small and Medium Enterprises to cooperatives and to township and rural enterprises. We were also continue to invest in Small Business incubator. Because it is through the in capacious process that we have been able to see small and Medium Enterprises mushrooming throughout the country supported through this incubate processes we encourage us big business to do the same and find ways on incubating Small Businesses and giving them marks a month support. The establishment through the c. E. O. Initiatives of a Small Business fund which currently stands at one point five billion brand is an outstanding example of the road that the private sector can play in helping to develop small and Medium Enterprises. Government itself is finalizing a Small Business and Innovation Fund targeted at startups we want to be able to support startups so that those South Africans who intrapreneur dariel it driven should be able to get support from government as well we worried use the regulated beriah for Small Businesses. Thank you now weve been talking much about reducing the regulatory beriah an hour and to make sure im going to make sure that this does become a reality because. I continue to meet people in small and Medium Enterprises and they keep telling me about the burden that they have to bat as small and Medium Enterprises which disempowers them from their businesses were also working to expand economic and put opportunities for people with disabilities in our country. Thank you man other things. The Small Enterprise Finance Agency see far has launched as scheme to develop and funded trepanier as with disability called m of winter funding scheme. When we come to agriculture theyre not that the more kids are not able to talk are low fi carbonic kimbo to borrow now but our food manana mean yet it means that yahoo or three bodkin credible year not yet a holy kimora should be there in her recovered heart now our happiness to be by our neighbor National Planning commission by order to recover no army c. B. D. Erlick a young male you any how did it out in a agriculture agriculture as made the largest contribution by a significant margin today improved growth of our economy in the second and third quarters of twenty seventeen this year we will take Decisive Action to realize the Enormous Economic potential of our culture. And as our great culture requires lend as agriculture needs and as a basic resource we will accelerate our Land Distribution Program not only to redress the grave this article injustice but also to bring more produce us into the Agricultural Sector and to make more land a bailable to our people for cultivation thanks we will pursue it comprehends a comprehensive approach that makes effective use of all mechanisms at our disposal. Guided by the resolutions of the fifty fourth place of conference of the governing party theres approach will include the expropriation of land without compensation in. We are determined. That this process of restoring lend to our people should be implemented in a way that increases Agricultural Production that also improves Food Security and ensures in the end that agriculture becomes a growing sector of our economy. The government will therefore undertake a process of consultation to determine the modalities of the implementation of this resolution. We make a special call on the Financial Institutions in our country so that they become our partners in mobile izing resources to accelerate lend Redistribution Program as increased investment will be required as we generate more growth in agriculture and treat agriculture as a job creator and a sunrise sector of our economy as well thank you. Tourism is another area which provides our country with incredible opportunities to quite literally shine tourism current this us statins seven hundred thousand direct jobs and is performing better than most other growth sectors in our economy and there is no reason why we cant double the size of employed people in tourism. Theres just no reason. We have the most beautiful country in the whole world. And we are the most hospitable people in the whole world and theres no reason we cannot grow told is that because. South africans South Africans are not poor nor South Africans to open the our hearts to open their own divers as well to open the underworld come visit us from all over the world let us make south africa out there rio how of tourism in the whole world. Youve been listening to south africas new president Cyril Ramaphosa giving his first state of the nations address from parliament in cape town sworn in on thursday after the dramatic resignation on wednesday of jacob zuma under a cloud of corruption allegations mr m. Opposes a dress warmly received by parliament he said its time to put behind us an era of discord disunity and disillusionment that has somehow engulfed our country it was clearly an address intended to inspire a new dawn is upon us he said a wonderful dawn has arrived in a south africa belongs to all of its people let me bring in from of the military is standing by listening to that address outside parliament in cape town and from a it was striking to me that there was a lot of content from mr m. Opposer about how he intends to revive and regenerate the economy lots of ideas concrete ideas not so much concrete in the sense of how he intends to tackle the other great challenge that he faces and that is corruption. Journey he did touch just very lightly on this issue of corruption he spoke about ethical behavior Ethical Leadership referencing a former president Nelson Mandela but also spoke very. About looting and plundering of Public Resources and how that has come to the end where that really was the sum total of him dealing with this issue of corruption which was a major one for the ruling party the African National congress of former president jacob zuma one that concerned south africa and he did as you say emphasizing Economic Growth and job creation far more dealing specifically with youth unemployment talking about youth forums that are due to happen as well as creating up to a million jobs in this new deal that hes proposed also we have expected from a small room of course the mention of growing the economy by about five percent in the next few years i think a tall order given that the economy has really suffered in the last three years or so but of course as you say an emphasis on Poverty Alleviation dealing with inequality and growing the economy. And he was also of course careful to mention his predecessor jacob zuma magnanimous mr brown oppose it was in offering his gratitude to zuma for he said for the manner in which he dealt with the difficult process of his departure but notable really i think the Parliament Making made it quite clear that they were rather pleased to be seeing those or not jacob zuma there was a loud round of booing mr zuma as name. A well thought roma poser did extend that courtesy he also said that its time to move on from the negativity of the last few years but dont i am also sure many people will criticize parliament for that bowing this is a parliament that has an African NationalCongress Majority a majority that protected jacob zuma for many years during a number of debates around motions of no confidence the African National congress wouldnt vote along the. Lines of opposition parties members of parliament specifically the a. N. C. Booing now i think would be questionable a given that there was so much sort of support for jacob zuma for a long time and perhaps missing some people seeing footage from that were going to have to leave it there well have another bulletin of news for you in just a few moments i will give you more on rather pose a speech to Parliament Stay with us. What makes this moment this era were living through so unique this is really an attack on truth itself is a lot of misunderstanding a distortion of what free speech is supposed to be about the context its hugely important. To publish it. To be a frank civil provoked its all about it as people do. Setting the stage for a serious debate up front at this time on aljazeera. Aljazeera is a very important force of information for many people around the world when all the cameras are gone im still here go into areas that nobody else is going to talk to people that nobody else is talking to and bringing that story to the forefront. On counting the cost will talk to i. M. F. Chief christine like god about how the economic model is changing here in the middle east can ireland break regs it find out how the emerald isle is caught in the middle of a big round between the u. K. And the e. U. The year of the dog in china counting the cost at this time. On different sides of the civil war they never wanted to fight i joined the party just because it was the closest one to my house you might even dog for with alchemists khan nothing but united now on the roads of levanon seen from on a motorcycle we see things with offering the wound is open. I love it love it love it so much fighters two bikers on aljazeera world at this time. This is al jazeera. Hello im john ill good to have you with us on this news hour live from london coming up