newsIn its diary for the week ahead, BL Premium reports that on Tuesday Statistics SA will hold a media briefing to release the results of the Quarterly Labour Force Survey for the fourth quarter of 2020.  

Finance minister Tito Mboweni will provide details of government spending and revenue collection proposals aimed at helping SA address its socio-economic challenges when he delivers his budget speech on Wednesday.  Union federation Cosatu will hold its three-day ordinary central executive committee meeting from Monday to Wednesday and the outcomes will be communicated at a media conference on Thursday.  Parliament’s portfolio committee on trade & industry will table a status report on the implementation of master plans for the economy on Tuesday.  President Cyril Ramaphosa announced during his recent state of the nation address that sector master plans — which are part of the social compact between the government, labour, business, and communities — were key to rejuvenating and growing crucial industries.  The master plans that have been completed include the poultry master plan which has resulted in the sector investing R800bn to upgrade production; and the sugar master plan whereby large sugar users will procure at least 80% of their sugar needs from local growers.  According to Ramaphosa, the clothing, textile, footwear and leather master plan lad to the sector investing R500m to expand local manufacturing facilities, including small, medium and micro enterprises.

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