South Africa: Economic Growth Key to Reducing Unemployment- Deputy President

     Deputy President, Cyril Ramaphosa, has declared that South Africa needs to improve its rate of economical growth to reduce unemployment. He stated that in order to promote faster growth, South Africa needs to create jobs and expand the capacity of the economy by investing in logistics, telecommunications, power generation and distribution and social infrastructure. It was also mentioned that the cost of doing business needs to be reduced, making it easier for people to start new businesses. Ramasphosa believes the nuts and bolts of nation building includes removing obstacles to small business development and help emerge new business owners to finance, support and markets for the products.

     Another approach to decrease unemployment is to promote education. However, Africa is performing below students in other countries that have similar development levels. Due to lacking education, it provides a struggle to have a growing and thriving economy. One problem of the education system includes the fact that there are different learning types. Examples include suburbs, townships, villages and farms. The different types of environments can affecting the learning experience.

     Although we have high unemployment rates in the U.S., we have access to great education. We are at a developmental level far higher than Africa, which helps with finding jobs and education opportunities. I feel that unemployment rates will always be an issue due to lack of education, laziness, or lack of jobs. However, it is important to address the situation and try to promote decreasing unemployment rates. I believe that the Deputy President had some good ideas to improve and work on decreasing unemployment rates and promoting education. If Africa comes together as a nation and truly work to improve themselves, they will succeed economically.

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