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 MbekiWe identified various sectors of the economy, which we said were growth sectors. I have mentioned tourism. We said, for instance, agro-business. We grow a lot of food and fruit and things like that. It must be possible to process those.
Thabo MbekiOne of the matters that must be addressed is that Rwanda and Uganda have to leave the Democratic Republic of the Congo. We're also supporting processes to ensure that the political dialogue among the Congolese themselves takes place so that the people there can decide their future.
Thabo MbekiYou'll find a lot of rural municipalities, very, very big district municipalities that actually have no tax base whereas our system of government presumes that the bulk of resources from government will come from resources that they will generate themselves.
Thabo MbekiI was very fortunate to be able to go to school and university, because many people our age couldn't complete school. This gift of education must be used in whatever ways we can to uplift the people.
Thabo Mbeki