The Democratic Alliance recognises that unemployment and poverty remain significant challenges to a large proportion of our people. Currently, 36% of South Africans are unemployed and 20% are living in extreme poverty. Since Jacob Zuma became President in 2009, 1.4 million additional South Africans have become unemployed. Our economy has also experienced depressed economic growth over this period, with the current growth forecast for 2015 only being 2%.
The DA believes that:
• As the party of freedom, opportunity and enterprise, it is our responsibility to foster an entrepreneurial culture;
• Significant job creation in our economy can be driven by the formation and growth of new businesses;
• South Africa’s economy can thrive in an environment unburdened by restrictive regulations and red tape;
• Businesses should be incentivised through innovative tax and other stimulatory measures so as to create new jobs to bring unemployment, and thus inequality, down from today’s unacceptable levels;
Resolves that a DA government will:
• Grow our way to economic prosperity through increased incentives for manufactures, entrepreneurs, building a capable state that can achieve 8% growth;
• Reduce the regulatory burden on businesses, with an aim to encourage the formation of new businesses, and spur the growth and success of existing enterprises;
• Cut corruption from R30 billion per year and use these savings to reduce tax;
• Establish a national guarantee/ capital venture fund to draw the private sector and state together in support of new businesses.
Proposer: Dean Macpherson, Seconder: Toby Chance