*Press Statement*


November 1, 2011

* *

*YCL supports the accord signed on local procurement  *



The Young Communist League of South Africa [uFasimba] supports the accord
that was singed by the state, Business and the labour movement to increase
local procurement by 75%. As the YCL we strongly feel that this is a step
in the right direction in relation to curbing job losses and the
eradication of abject poverty.



 We are of the view that this milestone- if effectively implemented - will
improve competitiveness, skills development and economic development and
thereby contributing towards achieving the goal of 5-million jobs by 2020
as planned by the New Growth Path Local Procurement Accord.



This accord is signed just as we have emerged from our very successful Jobs
for Youth Summit. The summit noted and resolved that in order to prevent
job losses and to create employment we have to campaign for local
procurement of almost all products and services. The importing of many
products has a severe affect on both our local economy and job losses.
Delegates made a clarion call to government to strengthen South African
industrialization and ensure that local businesses flourish and contribute
to local economic development.



We reiterate our position that youth co-operatives should be considered as
vehicles of manufacturing local goods and procurement of goods and services
so as to promote youth activism in the economy and decrease in youth
unemployment which currently stands at 3.2 million. .



 This further strengthens our call against the merger between Walmart and
Mass Mart since such a move would further deepen the scourge of
unemployment and the collapse of the South African manufacturing sector.



While noting that the signing of this Local Procurement Accord would not
yield required result without close monitoring by relevant stakeholders, we
further call upon the progressive South African labour movement to ensure
that all affected companies consistently comply with the stipulations of
the Accord.



Issued by YCL Head Office



For more information contact: Khaya Xaba YCL Media Liaison Officer

Cell: 074 5 204 204

Landline: 011 339 3621

E-mail: [email protected]

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