We do not have a South African as a member of the African Commission. The President of the Commission comes from Mali, the Deputy comes from Rwanda and then we have got all these other members, ordinary commissioners. There is no South African there. And the reason, again, for that is not because we didn't have South Africans who are competent.
Thabo MbekiI am quite convinced that we need to increase the resources that go to municipalities if we want the municipalities to do the things the Constitution and the law say they must do. It can't be avoided.
Thabo MbekiWith me, as a town clerk or city manager, there are certain things that I'm supposed to do - if I don't do them, then I don't deserve to continue in this post.
Thabo MbekiFor an investor who is sitting in the United States, and South Africa is very far from the United States, you need to go out to that investor to say, these are the possibilities in this particular sector.
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 Mbeki