President Jacob Zuma warned on Sunday that the economy was “sick” and appealed to business and labour to prioritise saving jobs over profit margins and wage hikes.
Acknowledging that it could no longer be “business as usual“‚ Mr Zuma appealed to business and labour to play their part to help save jobs in the present difficult economic climate.
He was speaking at the commercial launch of Medupi power station’s unit 6 in Lephalale‚ Limpopo‚ on Sunday.
He said the launch was a significant milestone for the country‚ but urged Eskom to ensure that they worked “with speed” to ensure that there were no further delays at Medupi as energy remained a “binding constraint” to economic growth.
The launch came four years behind schedule.
Look past profit margins – Zuma
President Jacob Zuma warned on Sunday that the economy was “sick” and appealed to business and labour to prioritise saving jobs over profit margins and wage hikes.
Acknowledging that it could no longer be “business as usual“‚ Mr Zuma appealed to business and labour to play their part to help save jobs in the present difficult economic climate.
He was speaking at the commercial launch of Medupi power station’s unit 6 in Lephalale‚ Limpopo‚ on Sunday.
He said the launch was a significant milestone for the country‚ but urged Eskom to ensure that they worked “with speed” to ensure that there were no further delays at Medupi as energy remained a “binding constraint” to economic growth.
The launch came four years behind schedule.
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