You might indeed be able to provide this money that people need to start a business, but can they run a business? This new consolidated agency [National Empowerment Fund] focuses on that matter of preparing people so that they can run business successfully.
Thabo MbekiIt is quite easy to understand what China would need from the African continent with regards to its own economy, raw materials, oil and a market for manufactured goods. As I say it is not difficulty to understand and perfectly legitimate. There is nothing wrong with that.
Thabo MbekiI would regret it if I'd failed at school and university, because if I had, I would have lacked the levels of education necessary to making a serious contribution to building South Africa.
Thabo MbekiWe raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. That being an agreement of the Growth and Development Summit, we will engage South African business to see how we can make that a practical thing. So, there is a different set of engagement with local business.
Thabo MbekiI don't know why women would think they would be underrepresented in that 40 per cent, and I do not know why they think they would be underrepresented in that 60 per cent either. Because, any community that has their traditional leader in the area, one would expect that, among the people, they would want to ensure that this committee, that 60%, is properly representative.
Thabo Mbeki