M a r k e t N e w s

East African Community told “CREATE MORE JOBS”

Posted on : Tuesday, 6th December 2016

Political stability of East African Community (EAC) is dependent on how individual countries will handle the high rate on unemployment among its youth population.

East African Legislative Assembly Speaker Daniel Kidega said the fight against corruption and promotion of good governance will contribute significantly in the community’s achieving of its objectives.
Kadega said the increase in population, now at 160 million, could be a great disaster if the respective governments fail to create a conducive environment that will see manufacturing industries thrive, in order to create employment among its youth population.
He expressed fear on the rising unemployment and underemployment in the region, noting that seven out of 10 people are jobless, while six out of 10 live in informal settlements.
Kidega was speaking over the weekend during the commencement of the 10th inter-parliamentary relations, whose theme this year is, “good governance and poverty reduction in East Africa region”.

Source : trademarkea.com
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