AN IFP GOVERNMENT WILL :
• Enforce a set 80/20 employment target: companies must employ a minimum of 80%
South Africans.
• Reserve job opportunities in the entry-level and low-skill sectors for South Africans,
focusing on the youth.
• Reserve the small enterprise market and the spaza shop industry for South Africans.
• Focus on local production and promotion of South African-produced products; this
includes support for local film, media and creative industries to compete globally.
• Exempt SMMEs from stringent requirements and remove excessive red tape that holds
back small businesses.
• Revamp local economic development and restructure the Small Enterprise
Development Agency, to reduce small business failures and create meaningful jobs.
• Empower provinces, districts and municipalities to support agricultural growth through
infrastructure, water schemes, education and financing.
• Introduce a Local Economic Development Grant to support rural and township business
cooperatives.
• Act on the findings of the Competition Commission report on the high prices of data in
South Africa, which are anti-poor, by enforcing a 50% cut in prices.
• Support the expansion of the industrial cannabis and hemp industries, which will be a
catalyst for local economic growth and job creation.
• Roll out an Unemployed Graduate Grant of R3000 for a fixed period to assist graduates
in finding meaningful employment.
• Redirect some of the billions spent on SETAs to ensure that all graduates are given a
12-month internship at municipalities, provincial and national departments.
• Support small-scale farming as a measure to revitalise the economy, while recognising
traditional leaders as a key player in land management and the transformation of the
rural economy.
• Overhaul restrictive labour legislation that impedes job creation.
• Promote fiscal restraint and limit public debt.
• Refuse further bailouts for State-Owned Enterprises and, instead, resuscitate SOEs,
fostering competition and innovation where possible, while forming public-private
partnerships for SOEs that cannot be resuscitated.
• Open the energy market and diversify energy generation.
• Invest in infrastructure while creating a conducive environment for investors.
• Revitalise Ithala Bank, ensuring that it becomes fully functional and a model of a State
Bank so that it can deliver on its mandate to uplift poor communities.
TRUST US - WE WORK FOR YOU 08