by Adv Boitumelo Babuseng, MPL – DA Provincial Spokesperson for Economic Affairs
Date: 02 November 2017
Type: Press Statement
In light of the recent Quarterly Labour Force Survey, it is disappointing to note that the Northern Cape Department of Economic Development & Tourism still has no adequate strategy to curb unemployment and to stimulate economic growth through support to SMMEs.
The presentation on the first quarterly report yesterday shows more of the same bean counting and box ticking which does not translate into real, tangible results at a grassroots level. We are told that delays with the adoption of the reviewed transfer policy has caused underspending, as funds could not be transferred from the Economic Growth and Development Fund. Yet some beneficiaries received significant amounts of funding before the advert for applications were placed.
Given the history of mismanagement and the reluctance of the department to be open about its beneficiaries, we are left to arrive at our own conclusions.
With unemployment in the province now at 43,1%, the department still chooses to play politics with the economy instead of providing every entrepreneur with access to meaningful support. Indeed, the department admits to funding entrepreneurs with questionable business ideas!
Where the DA governs, as the Quarterly Labour Force Survey shows, we are able to grow jobs instead of shedding them. We can attract tangible investments and boost business confidence. We can do that because we are committed to stimulating the economy and not smothering it with petty politics.
Adv Boitumelo Babuseng, MPL
DA Provincial Spokesperson for Economic Affairs
082 302 2117 / 079 874 6179
071 251 5558