JOHANNESBURG - Business, labour and government have agreed to an action plan for economic recovery.
The agreement was adopted at a National Economic Development and Labour Council meeting chaired by President Cyril Ramaphosa.
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The recovery action plan will be detailed as soon at it's approved by Cabinet.
In a statement by the Presidency, the partners also agreed on a social compact plan that commits government, business, labour and community to mobilising funding to address Eskom's financial crisis.
NEDLAC has agreed to an action plan for economic recovery which is due for consideration and finalisation by Cabinet and is directed towards building confidence and placing SA on a path of investment and growth. https://t.co/o4ZN1tUIJO— Presidency | South Africa 🇿🇦 (@PresidencyZA) September 15, 2020