New S.Africa industrial plan to create jobs-minister

Newswire

CAPE TOWN, Feb 18 (Reuters) - South Africa's new industrial policy action plan is expected to create almost 2.5 million jobs over the next decade, although a stable exchange rate and competitive interest rate were crucial to its success, a government minister said on Thursday.

Releasing details of the 2010-2013 plan, Trade and Industry Minister Rob Davies said the programme would help Africa's biggest economy reduce its trade deficit while improving the country's long-term ...

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