Monday, February 14, 2011

Zuma says jobs fund will be closely monitored

By Lelethu Mquqo
14 February 2011

President Jacob Zuma says the money that government has set aside for job creation will be monitored closely.

Zuma made the announcement of the establishment of a R9 billion jobs fund during his State of the Nation address last week.

The fund has been setup to finance new initiatives for job-creation for the next three years.

In an interview last night, Zuma said the performance and monitoring department will carefully monitor what is being done to create jobs.

Zuma also called on the private sector to do its part in the creation of jobs.

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