Speaking the ninth ANC KwaZulu-Natal elective conference, he said a process was under way to finalise a social compact.
“Since the Sona in February, government has been meeting with social partners on the further measures we need to take in addition to the economic reconstruction and recovery plan to grow and transform our economy,” said Ramaphosa.
“The process has been slow and at times quite difficult. We all agree our overriding objectives are to grow the economy, create jobs and reduce poverty and inequality.”
He reminded delegates the unemployment crisis “did not start yesterday”.
“It did not start two years ago. We have lived with this problem over a number of years and we have been involved, among the social partners, in finding or creating steps we need to take to address all these challenges through a social compact.
“There are differences over what compromises need to be made and who needs to make the compromises. So while we do not have an overarching social compact, we are making progress,” he said.