October 4, 2018 / 2:31 PM / 2 months ago

South Africa's Ramaphosa says jobs plan will create 275,000 jobs a year

JOHANNESBURG, Oct 4 (Reuters) - South African President Cyril Ramaphosa said on Thursday that a gathering of top officials and business leaders had agreed on a package of measures that would create an additional 275,000 jobs a year.

Under pressure after the economy slipped into recession this year, Ramaphosa said the measures included boosting local procurement, an export drive and financial sector investments in black-owned industrial enterprises. (Reporting by Alexander Winning and Olivia Kumwenda-Mtambo Editing by Tiisetso Motsoeneng)

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