As South Africa struggles to agree the details of a new economic policy document with job creation at its core, an appreciating rand is doing nothing to help. Dealing with the currency question is vital to the job creation strategy. South Africa has lost roughly one million jobs since the collapse of Lehman Brothers.
The New Growth Plan unveiled late last year aims to create five million jobs by 2020 and bring down the unemployment rate from the present 25% to 15%.
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