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Accelerated and Shared Growth Initiative for South Africa (AsgiSA)
AsgiSA resulted from Government's commitment to halve unemployment and poverty by 2014.
The then Deputy President, Ms Phumzile Mlambo-Ngcuka, formally launched AsgiSA in February 2006. The Joint Initiative on Priority Skills Acquisition (Jipsa) was established a month later to address the scarce and critical skills needed to meet AsgiSA's objectives.
AsgiSA identified six 'binding constraints' which prevent South Africa from achieving the desired growth rate:
- The relative volatility of the currency
- The cost, efficiency and capacity of the national logistics system
- Shortages of suitably skilled labour, and the spatial distortions of apartheid affecting low-skilled labour costs
- Barriers to entry, limits to competition and limited new investment opportunities
- The regulatory environment and the burden on small and medium enterprises (SMEs)
- Deficiencies in state organisation, capacity and leadership.
AsgiSA is not a government programme but a national initiative supported by key groups in the economy:
- Business
- Labour
- State-owned enterprises
- Government economic agencies
- Entrepreneurs
- And all spheres of government.
Speeches and statements
AsgiSA documents
Joint Initiative for Priority Skills Acquisition documents
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Last modified: 18 February 2011 14:20:55. |
