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.
Thabo MbekiThe King had been a good friend of the government and the people of South Africa and we all mourn his passing with our brothers and sisters in Saudi Arabia.
Thabo MbekiI have absolutely no problem with the press criticising policies and the things that we do, the things that we say.
Thabo MbekiI am sure that it wouldnโt be in the long-term interests of China which would continue to depend on these African resources for a very long time to see the emergence of any sense of hostility animosity, tension, da da da, between itself and the African continent.
Thabo MbekiAs a consequence of the victories we have registered during our first ten years of freedom, we have laid a firm foundation for the new advances we must and will make during the next decade.
Thabo Mbeki