A Quote by Cyril Ramaphosa
We need to work together as social partners to focus on our economy by removing all the obstacles to investment and move South Africa to a higher level of growth.
Quote Topics
Quote Author
Related Quotes
When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.
Removing government-created obstacles to small business growth is what Washington should be addressing, and this focus should start with removing the herculean impediments to job creation found in the health care law.
I think anybody who knows anything about South Africa and the South African economy would know that one of the big constraints to growth and development is skills shortages. So all of us, need to come at this thing as vigorously as is possible and, of course, the private sector has the capacity to take it on board.
I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.
Living here in North America - I have been Americanized. When I go back home now, there are things that I have far less tolerance for in South Africa. We've come such a long way in terms of race relations and the economy as well as people's willingness to move on. There are still a lot of things that are frustrating about being in South Africa.
To build and sustain brands people love and trust, one must focus-not only on today but also on tomorrow. It's not easy...but balancing the short and long term is key to delivering sustainable, profitable growth-growth that is good for our shareholders but also good for our consumers, our employees, our business partners, the communities where we live and work, and the planet we inhabit
We need a national focus on increasing the sustainable growth rate of our economy.
We view South Africa as one of our closest strategic partners in the developing world and in the African continent.
Our economy is a hundred times better, than the average African economy. Outside South Africa, what country is [as good as] Zimbabwe?.. What is lacking now are goods on the shelves - that is all.
There is a section of our population in South Africa that you can't expect to get integrated in the economy of its own. These are people without skills and that will include young people who might very well have matric certificates, but don't have the skills to be absorbed in the economy. So we need to target people like those in a special way, in a focused way so that they have the skills and the capacity to participate in the economy. That requires special programmes.
I had to look at white people as fellow South Africans and fellow partners in building a new South Africa.
The in-love experience does not focus on our own growth or on the growth and development of the other person. Rather, it gives us the sense that we have arrived and that we do not need further growth.
Even in South Africa, the Commonwealth were not doing anything, and their attitude was to tolerate apartheid in South Africa. There was a lot of lip service being paid to the need to stop this practice, but nothing was done.
Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.
Growth demands investment, and investment demands stability. So the more Obama stirs the pot with his proposals and potential changes, the more he retards exactly the investment he needs to get the economy moving again.
And now South Africa has finally woken up and it is doing great things. And if South Africa becomes the template to what AIDS is in the sub-Saharan continent, then all the other countries are going to follow suit. And Michel Sidibe, who spoke at the breakfast meeting this morning, was saying that there is so much hope for Africa now that South Africa has got its house in order.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Ron Paul Quotes
American
Politician
Ted Cruz Quotes
American
Politician