State of the Province Address #GPSONA2017

Gauteng Premier on plans to grow township economy

Gauteng Premier David Makhura says the province will continue to prioritise education and growing the economy.

Makhura says he will announce significant initiatives to turn around the township economy during his 2017 State of the Province Address.

He says government needs to mobilise finance for township entrepreneurs, as banks and development finance institutions are not doing enough.

In February there are two initiatives that are led by significant experienced business people, which will be launched, they have to do with township alternative exchange.

David Makhura, Gauteng Premier

Financing township entrepreneurs is a very important question. The banks are not doing it to the level that we want, the development finance institutions are also not doing it adequately. So, we need to mobilise finance in every area.

David Makhura, Gauteng Premier

Let’s see more black people, business people, who mobilise capital, and say we want to take this capital to go to the townships and help grow black businesses and public enterprises.

David Makhura, Gauteng Premier

There are businesses and business people who are coming to the party on skills development, improving the skills among the youth, in areas that are relevant to various sectors, including unlocking investment.

David Makhura, Gauteng Premier

On education, the premier says 19 new schools will be built this year.

He says Gauteng will also continue tackling historical backlogs and provide quality education to all communities.

Makhura says the Gauteng Education Department will find schools for all learners who have not been placed.

Listen to the full interview with Karima Brown below...


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