Economic Dev

  1. 365 000 new jobs
  2. five major new state infrastructure projects
  3. R300 billion for the country’s ports and railways
  4. eight million learners at no-fee schools
  5. 11 000 new artisans qualified
  6. 23,9% – South Africa’s unemployment rate in the fourth quarter
  7. 2 500 – applications received since the launch of the government’s Jobs Fund in June 2011; project allocations of over R1 billion have already been committed
  8. R8,4 billion – the investment value of the seven projects approved under the R20-billion tax incentive scheme announced in 2011 aimed at supporting new industrial projects and manufacturing
  9. R1,5 billion – the amount approved for 60 companies to promote job creation under a R10-billion cheap loan scheme introduced in 2011 by the Industrial Development Corporation
  10. R1 billion – to be cut from port charges paid by exporters of manufactured goods in 2012/13, following an agreement between the Port Regulator and Transnet
  11. R300 million allocated for preparatory work towards building new universities in Mpumalanga and the Northern Cape in 2013
  12. R1-billion state guarantee fund to promote access to housing loans for South Africans with lower incomes, to start operations in April 2013, managed by the National Housing Finance Corporation
  13. people earning between R3 500 and R15 000 will, from April 2013, be eligible for subsidies of up to R83 000 from their provincial governments, to enable them to obtain housing finance from accredited banks.