Business Unity SA (Busa) president Sipho Pityana told delegates at the two-day meeting that it would be remiss to view the summit in isolation from other initiatives being championed by President Cyril Ramaphosa.
He also said business was under no delusion that the summit would provide all the answers needed to get the 9.6-million unemployed South Africans into the labour market.
However‚ he explained that they had “some of the answers” and were committed to working with other social partners to realise the outcomes of the summit. A set of agreements on industry-specific interventions would be signed by the constituencies and Ramaphosa.
“We are under no illusion that the summit will turn the tide on unemployment... But we are gathering here today to generate innovative ideas of stimulating employment creation across our economy‚” Pityana said.
We are here to decide on pragmatic ways to protect jobs wherever possible‚ and to identify and nurture the potential for new jobs that will help turn back the tide."