A Quote by Cyril Ramaphosa
We must not have an economy that discourages and chases away investors from investing in South Africa.
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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.
The DA is the only party in South Africa that has grown in every national election and that trend must continue, and it must accelerate, because South Africa is in a race against time to save our democracy.
The principal investors in the South African economy are South Africans. And this is something, I think, we should really pay attention to.
If you look for instance at the automobile industry, part of the reason that you have the expansion of that sector, is precisely because we have gone out to talk to the automobile companies to explain government policy with regard to that sector, to talk to them about the MIDP and things like that. And indeed, it has been a very important part of attracting those investors to put in money in the South African economy and build motorcars in South Africa.
There is a tendency just to talk about foreign investors. Over 80 per cent of new investment in the South African economy is South African and therefore the engagement of the South African investor is also a critical part of this process.
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.
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.
Businesses need certainty, to see clearly the rules of engagement for investing in South Africa.
South Africa is regarded as being an extraordinarily important country - not just for South Africa, but for Southern Africa, for the BRICS, working now in a new way in which power is becoming more shared - thankfully.
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.
My maternal family are South African and when I was small and my parents separated my mother and I went back to South Africa. So for me the emergence of my own childhood consciousness was in the context of 1970s and 1980s apartheid South Africa and the movement there.
Presidents must be willing to fight for American jobs and should set a central goal of federal policy of creating an environment that rewards companies for investing here and discourages them from moving abroad.
I live in South Africa. I'm proud to live there. I've always said I want to be a comedian from South Africa in the world. I will stay in places for a bit here and there and pop into New York for a while, maybe stay in London for a year, but my home will always be South Africa. I enjoy it too much.
We want to clean up South Africa so that we can begin to make it more attractive to investors but at the same time to deal with the issues that are impeding growth.
I was born in South Africa during apartheid, a system of laws that made it illegal for people to mix in South Africa. And this was obviously awkward because I grew up in a mixed family. My mother's a black woman, South African Xhosa woman... and my father's Swiss, from Switzerland.
The economy in South Africa was racially structured for many decades, if not centuries.
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