ะกertainly to the extent that we talk about not just procurement in the sense of acquiring goods from the rest of the economy, even to the extent that it is possible to bring Black players in areas where we say we need to raise the capacity of these organisations to deliver services, it is a very important part.
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 MbekiYour medical documents will say Acquired Immune Deficiency Syndrome that is AIDS. What that means you have got this challenge of immune deficiency. Alright what causes immune deficiency? HIV. Alright. Is that all that causes immune deficiency? The medical textbooks will say there are other things that cause immune deficiency. There is also genetic immune deficiency that is a different phenomenon.
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 MbekiIf you look for instance at the automobile industry, part of the reason that you have the expansion of that sector, is precisely because we have gone out to talk to the automobile companies to explain government policy with regard to that sector, to talk to them about the MIDP and things like that. And indeed, it has been a very important part of attracting those investors to put in money in the South African economy and build motorcars in South Africa.
Thabo Mbeki