The government was seeking to ensure that that there was stability in the labour market in order to create an enabling business environment‚ President Jacob Zuma said on Sunday.Speaking during a state visit to Saudi Arabia‚ he said that labour‚ in conjunction with the private sector and government‚ was committed to addressing and moderating work place conflict.“Our objective is to ensure that we bring about stability in the South African labour market.”As part of a Presidential Nine Point Plan‚ the country was also working to resolve the energy challenge through a mix of energy sources that included solar‚ coal‚ nuclear and other sources‚ Zuma said.He added that the government’s interventions in these economic areas were aimed at boosting private sector investment.“Our partnerships with international companies are central to our drive for growing our economy. We therefore value our relationships with international investors‚” he stated.He added that South Africa was open for doing business and is globally regarded as a strategic and competitive destination for foreign investors.According to the World Economic Forum's Global Competitiveness Report latest rankings‚ South Africa had risen seven places to rank 49th out of 140 countries. The country also remained in the top thirty economies globally.“Given the diverse nature of our economy‚ the South Africa of today is one of the most promising emerging markets globally.“The unique combination of a highly developed first-world economic infrastructure and a huge emerging market economy has given rise to a strong entrepreneurial and dynamic investment environment.“In addition‚ the South African government has achieved significant success in ensuring macro-economic stability via the implementation of policies directed at promoting domestic competitiveness‚ growth and employment‚” Zuma added...