Government identifies sectors to boost economic growth
As a way to revive South Africa’s economy, government has identified various sectors to stimulate investment and job creation.
“The hemp and cannabis sector has the potential to create more than 130 000 new jobs. We are streamlining the regulatory processes so that the hemp and cannabis sector can thrive like it is in other countries, such as Lesotho,” President Cyril Ramaphosa said.

Some people have suggested that we must make a choice between, on the one hand, a developmental state that plays a vital role in economic and social transformation, and, on the other, a vibrant, expanding private sector that drives growth and employment.
“It is our intention to end the National State of Disaster as soon as we have finalised other measures under the National Health Act and other legislation to contain the pandemic,” said the President.
This was emphasised by President Cyril Ramaphosa in his 2022 State of the Nation Address.
ID-19) pandemic.
