According to this landmark agreement organised by labour movements, Cabinet ministers and the business sector, the stakeholders committed also to ensure that South Africa increases the speed of job creation and that the country regains the jobs lost during the financial crisis that hit world markets from 2008.
"The significance of this accord is that decisions will now be taken on buying local goods and this in the end will go a long way in raising our competitiveness and development of local producers," said Economic Development Minister Ebrahim Patel, quotes allAfrica.com.
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