AgangSA welcomes the passage in parliament of the Employment Tax Incentive Bill or Youth Wage Subsidy Bill.
The bill is, in principle, a welcome attempt to create jobs for young South Africans, but it is not a cure-all for the problems of youth unemployment.
The potential to create thousands of new jobs is good news, but it is just a drop in the ocean when well of half of all young people are unemployed and 300,000 come in to the economy post-Matric, every year, many struggling to find work.
After 20 years the ANC's mismanagement of the economy is costing jobs and robbing young people of their futures. A lack of understanding of what is needed to create private sector jobs and a disconnect between government and business is destroying our economy. If BMW chose to look elsewhere, who will be next? As quickly as they try to create jobs, they are causing retrenchments.
South Africa needs a more ambitious vision of the future, one in which we can build an economy that creates jobs, not just in government. AgangSA believes that together we can create a 21st Century global Top 10 education system within 10 years that gives young people the education that will enable them to fully participate in the economy and build sustainable careers.
We will boost academic standards by raising the pass rate to promote excellence, and restore pride to the teaching profession by raising teaching standards through intensive teacher training, linking performance and pay and attracting graduates into the profession as part of a drive to create thousands of new teaching jobs.
AgangSA will fire up the economy by setting stable policy and having the political will to deliver on it, increasing confidence in the economy and unlocking foreign and domestic investment.
We will create thousands of jobs across the country through an infrastructure build programme, through tax credits for SME's, to help create local jobs, and by hiring more teachers, nurses and police.