We have been engaging the Government of Swaziland for some time on this issue of the democratization of Swaziland. In particular, I had asked the Deputy President to engage the Government on this and, indeed, he has. We will continue to do this, because we do think that, as has been communicated to the Government of Swaziland, that Swaziland must go through this democratization process, a constitution-making process in which they have been engaged for some time, and really seek a national consensus about it.
Thabo MbekiThe engagements with the International Investment Council have developed in a very interesting way. It is, again, the point I raised at the beginning.
Thabo MbekiWhen 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.
Thabo MbekiI 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.
Thabo MbekiThe Communal Land Rights Bill then said, since there would be those collectives set up in terms of the other legislation, there was no need for them to set up other structures to deal with the land issues.
Thabo MbekiWe do not have a South African as a member of the African Commission. The President of the Commission comes from Mali, the Deputy comes from Rwanda and then we have got all these other members, ordinary commissioners. There is no South African there. And the reason, again, for that is not because we didn't have South Africans who are competent.
Thabo Mbeki