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Private sector key to job creation - Busa

Business Unity South Africa (Busa) says that the private sector holds the key to sustainable job creation that can rapidly be achieved as already about 85% of jobs are within the private sector.

3 Jan 2012

Quoting Busa president, Futhi Mtoba, The New Age says that the outlook for the economy remained subdued with "modest but positive" growth of 2,5% predicted for the year.

She points out that the low growth rate is not going to help South Africa meet its socio-economic challenges and unless the growth levels increase sharply, the private sector will be hard pressed to create jobs and improve prosperity.

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