Ramaphosa punts new tech for economic growth, jobs drive

Samuel Mungadze
By Samuel Mungadze, Africa editor
Johannesburg, 09 Jan 2023
President Cyril Ramaphosa.
President Cyril Ramaphosa.

President Cyril Ramaphosa is betting on new technologies for South Africa’s economic development and employment creation, calling for concerted effort in driving the fourth industrial revolution (4IR).

The president made the call yesterday in Bloemfontein when he delivered the annual African National Congress’ (ANC) statement.

The ANC January 8 statement sets the ruling party’s agenda for the year ahead, and is delivered by party president on behalf of the national executive committee.

Yesterday, in his statement, Ramaphosa revealed the ruling party’s top priorities for 2023, ranging from dealing with Eskom’s power cuts to advancing new technologies as a catalyst for economic development.

The president punted 4IR as an enabler of economic growth and job creation, saying: “Rapid technological change, including the fourth-industrial-revolution, is changing economies and societies.”

He continued: “New digital technologies such as artificial intelligence, big data and machine learning can provide a platform for economic growth and development that can expand job creation and self-employment, improve production processes and enhance delivery of public services such as health care, education and community safety.

“The ANC should join progressive forces across the globe who are working to ensure the digital revolution is not appropriated by elites to reproduce and sustain social inequality – no one must be left behind.”

Further, president Ramaphosa addressed the contentious issue of power cuts, saying the ruling party is commited to resolve the energy crisis and end loadshedding.

“The insecurity of electricity supply continues to be one of the greatest impediments to economic recovery and disrupts the lives of all South Africans,” he said.

The ANC should join progressive forces across the globe who are working to ensure the digital revolution is not appropriated by elites.

President Cyril Ramaphosa

To this end, the president said the government should turn to green energy and “should secure additional power in the short term by leveraging surplus capacity from existing generators and procuring additional power on an emergency basis.”

He added: “We will continue implementing the Integrated Resource Plan 2019 which includes the procurement of over 18 000 MW of new generation capacity.

“This includes ensuring investment resources mobilised through the Just Energy Transition Investment Plan are used to speedily upgrade Eskom’s transition network to facilitate entry of new generation capacity.”

On the green economy, Ramaphosa said: “South Africa will develop the productive capacity to participate in global green energy value chains. The ANC recognises important work in the Hydrogen Roadmap and directs government to implement further supportive policy measures and actions to enable South Africa to become a green hydrogen centre.

“There are important new opportunities in developing rare earth and platinum group minerals for green manufacturing.

“The ANC directs government to expand incentives to the electric vehicle manufacturing industry to accelerate the transition from the internal combustion engine in our country’s manufacturing sector.”