A Quote by Patrice Motsepe

The export of oil, the export of minerals, will for many decades continue to be a critical part for the growth of African economies. The emphasis is on diversification. We have for many years - not just in South Africa but in many parts of the continent - spoken about beneficiation. And I think part of the secret, in relation to beneficiation, is you have got to make it attractive, profitable for the private sector - and it will take off. You may have to look at mechanisms like tax concessions... You will not have to worry about beneficiation if it makes commercial sense.
It is incorrect and unwise to imagine that some day all producer countries will be able to export their surplus oil, and Iran will not be able to export its oil.
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 am honoured to be asked to take on this role, especially as it comes at such an integral time for our relationship with South Africa and the African continent. There shall be many new challenges and opportunities ahead and I look forward to embracing them with great anticipation [on becoming the UK's high commissioner to South Africa]
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.
Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies
The profitable part of the online business is very likely several years away. Entering the business because it's the hot topic of the day doesn't make a profitable business nor satisfied customers. That's why it will be a part of Nintendo's strategy, not the mainstay, as other companies are attempting to do. There still are too many barriers for any company to greatly depend on it.
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.
Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer.
My advice for folks on networking is give, give, give. You will later receive. But you are really planting these seeds. Some of them will die, and they won't become anything. Many of them will take many, many years before they pay off for you if at all.
I am sure it is in the medical textbooks, there are many things that cause immune deficiency and you will find therefore in the South African HIV and AIDS programme, that it will say that part of what we have got to do is to make sure that our health infrastructure, our health system is able to deal adequately with all of the illnesses that are a consequence of AIDS.
See the minutes, how they run, How many make the hour full complete; How many hours bring about the day; How many days will finish up the year; How many years a mortal man may live.
What Im trying to say is that what makes you up, its always been around, and it always will be around. So really the only thing you should worry about is the part you're at right now. Where you got a body and a head and all that bullshit. Just worry about living, dying is the easy part.
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.
Now, the impact on export markets - we export about 10 percent of what we produce, so obviously that will probably have some impact on the market. At this point it's too early to determine how much.
The hard part that I didn't like about recruiting in college was, there was so many regulations. So many rules. It was so many layers to it in the recruiting that I just got fed up with it.
Canadian-American relations for many years did not develop spontaneously. The example of accord provided by our two countries did not come about merely through the happy circumstance of geography. It is compounded of one part proximity and nine parts good will and common sense.
This site uses cookies to ensure you get the best experience. More info...
Got it!