Thank you. Based on the
25 year review and the Medium-Term Strategic Framework, MTSF, 2014-
19 report, one of the challenges raised in terms of the economy was the need for industrialisation. The new MTSF 2019-24 takes into cognisance the current environment to revitalise the economy and respond to value-added sectors, such as mining, agriculture and manufacturing, in the current economic environment.
The right mix of jobs will also require the enhancement of the township economy and the transition of youth into the labour force. This can be achieved using different pathways as well as by developing economic zones to ensure an equitable distribution of skills and expertise and the required infrastructure. Implications of the Fourth Industrial Revolution and the acceleration of South Africa's preparation for the revolution is also a priority.