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.
Thabo MbekiIf we only said safe sex, use a condom, we won't stop the spread of AIDS in this country.
Thabo MbekiThere are lots of problems in Transnet, which we are trying to sort out, but we are quite confident we will. We can't avoid the increase in the capacity of Spoornet. So, whatever problems there are in Spoornet, they must be solved. The same goes for the harbours. And the same goes for the airlines.
Thabo Mbeki