Latest News:  


South Africa expects BRICS summit contribute to youth employment: Zuma


21:19, March 19, 2013

PRETORIA, March 19 (Xinhua) -- South Africa expects the upcoming BRICS summit to "contribute immensely to satisfying the employment and development needs of our young population," President Jacob Zuma said on Tuesday.

South Africa's youth employment and empowerment drive will be "central to our engagements and discussions with the grouping," Zuma said at the opening ceremony of the Commonwealth Conference on Education and Training of Youth Workers in Pretoria.

"Our BRIC partners do appreciate our youth employment and empowerment drive," Zuma said.

"I am raising this matter as we see strong synergies between this meeting of Commonwealth youth workers and the BRICS gathering. Both should assist us to further empower the youth in the developing world."

The financial crisis which began in 2008 brought on a global dilemma of rising joblessness, higher poverty and worsening income inequality, especially among the youth.

Research undertaken by the Organization of Economic Cooperation and Development (OECD) and the African Development Bank highlights the fact that youth have been disproportionately affected by low growth.

In South Africa, more than 40 percent of those who are economically active and under the age of 30 are unemployed, according to Zuma.

While this is worrying, there is also a positive angle. The OECD report highlights that countries which have higher numbers of youth in their population have better growth prospects than those with aging populations.

"With a global GDP of 25 percent, a global land area of 30 percent, 43 percent of the global population and 4.4 trillion U.S. dollar foreign reserves base, we are certain that BRICS will contribute immensely to satisfying the employment and development needs of our young population," Zuma noted.

The leaders of Brazil, Russia, India, China and South Africa (BRICS) are converging in Durban on March 26-27 for the 5th BRICS summit, the first one in Africa.

Zuma said South Africa's membership of BRICS enhances the country's participation in other important groupings such as the Commonwealth.

"We expect Durban to be a hive of activity and that many opportunities will be taken up by the business community of our country in particular, to promote investments into our beautiful country," Zuma said.

South Africa, he said, offers opportunities in infrastructure development, manufacturing, tourism, the green economy, mining, agro-processing and other job drivers, energy and information and communication technologies.

We recommend:

Animals enjoy sunshine in Hannover zoo, Germany

Mass marriage ceremony held in Karachi,Pakistan

Late winter snowstorm hits New York

Flood continues hitting Indonesia's Jakarta

Thousands march with coffin to pay tribute to Chavez

83rd Geneva Int'l Motor Show opens

Email|Print|Comments(Editor:ZhangQian、Yao Chun)

Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. Afghan National Army commandos in exercise

  2. Lanzhou MAC conducts combat drills

  3. Unforgettable moments in March

  4. Airline wants capable men for security

  5. Seeking a dream wedding

  6. China's weekly story (2013.3.9-3.15)

  7. Zhang listed among 50 most beautiful celebs

  8. Everything but Prince Charming

  9. House prices rise faster in more cities

  10. Stocks fall to their lowest for 3 months

Most Popular


  1. Migration part of global development
  2. CCTV in hot water after corporate exposé backfires
  3. Cultural parks no substitute for talent
  4. Planning vital to diplomacy
  5. Loopholes for rich make estate tax meaningless
  6. How to start transformation and upgrading?
  7. Nation facing energy security threat: experts
  8. Plenty of hard work still to be done on rail reform
  9. 'Made in China' not equal to 'self-made in China'
  10. Efforts needed to nurture ethnic culture, language

What’s happening in China

Seeking a dream wedding at Beijing Wedding Expo

  1. 4.2-magnitude earthquake hits SW China
  2. Man arrested for killing pregnant wife
  3. 38% of Chinese suffer from sleep disorder
  4. Former official charged of molesting minors
  5. Drug addict shot dead resisting arrest in Huizhou