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The speech mentions the Presidential Youth Employment Intervention (PYEI) as an employment intervention that can provide youth opportunities.
The speech directs students to SAYouth.mobi, part of the SA Youth national network, as a platform to find opportunities.
The President calls on entrepreneurs and investors to translate political friendship into economic partnership by investing, building factories, expanding businesses and creating jobs, positioning South Africa and Namibia as complementary economies for regional, continental and global markets.
The President calls for continuing to remove obstacles to trade and investment and improving support through investment promotion agencies, alongside policy certainty, infrastructure investment and rule of law to strengthen the investment climate.
The remarks list future industries where investment and innovation are expected, including green hydrogen/renewable energy, critical minerals, logistics, digital infrastructure, data centres, advanced manufacturing, tourism, agriculture, financial services, and the blue economy.
The President highlights priority sectors for investment and business development, including agro-processing, meat and leather, fruit and vegetables, textiles and clothing, and cosmetics and essential oils.
The remarks say the vision behind the Africa Continental Free Trade Area (AfCFTA) is to integrate economies so that South Africa and Namibia can build regional value chains that create jobs across borders and grow faster when they integrate.
The speech announces a Cabinet-endorsed 20-year SEZ development framework with formal evaluations every five years, and describes incentive measures (including a reduced corporate tax rate and manufacturing allowance) and district-level commitments intended to improve SEZ performance and inclusive economic growth.
The programme invites the nation to remember where it has come from, honour those who carried South Africa to democracy, and renew the promise of freedom, by commemorating key historical anniversaries over the next year.
The Reserve Bank has opened the doors of the newly renovated South African Reserve Bank Museum to inform and educate the public about the role and history of the Bank. The museum’s exhibitions and dedicated schools outreach programme are intended to deepen financial and economic literacy, and the public is given an opportunity to view the Bank’s extensive art collection in an accessible way.
The museum will make its collection of more than 1 200 artworks accessible to the public for the first time since the SARB’s establishment through rotating exhibitions.
The museum will offer a dedicated school outreach programme to deepen financial and economic literacy, alongside the SARB’s MPC Schools Challenge, aimed at inspiring learners to write and present their own MPC statements.
