JOHANNESBURG – Half-a-million jobs have been lost in Gauteng and 42% of small businesses were forced to close due to the pandemic.
Gauteng Premier David Makhura made the announcement during his State of the Province Address on Tuesday where he also laid out his four priorities for the new financial year, which include plans to boost the economy.
Makhura has also highlighted that the province, seen as the economic hub of the country, is deeply concerned that many municipalities deteriorated during the pandemic.
This was due to a loss of over R8.75 billion in revenue between April and July last year.
Makhura said this year had been devastating for residents and the state, but there was hope.
“We are at a moment now when we begin to see a sign of hope as we enter the vaccination phase of the battle against COVID-19. We will remain wounded and we are wounded but we are not defeated. We must bounce back, and we shall bounce back as a province.”
Makhura said his administration hoped to improve governance and lives through accountability and integrity this year.
Getting the country’s economy back on track during a global pandemic is a tough task but Makhura said he believed it was achievable.
Makhura is deeply concerned that more than R8 billion in revenue has been lost by municipalities due to the pandemic…