There are black companies that are very active in the economy, that are growing and not on the basis of mergers and acquisitions, but because of putting new money into their particular companies and, therefore, their particular sectors. Indeed, if they didn't do that, they would collapse as companies.
Thabo MbekiYou 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 MbekiYou can say to this unemployed family, people are indigent, that they must pay for water and this and that and refuse removal and so on. They have no money. We may very well say that, but does the municipality have the capacity to do it? So, that's why we said that we need to have a thorough look at the functioning of local government and that will include the financing. So that this poor person does indeed access that water.
Thabo MbekiWe are in the process of negotiating an agreement with the United States. We will be negotiating agreements with India and China. We are in the process of negotiating an agreement with Mercosur, South America. So there are a number of these trade agreements in the major markets of the world.
Thabo Mbeki