If you look at the Company Register, maybe that's what we should say to that business consultant or analyst. If you look at the Company Register with the Department of Trade and Industry, one of the remarkable things that you will see over the last few years is, in fact, the growth of small and medium business, many of whom depend on these services to succeed.
Thabo MbekiWe can't treat the matter of black economic empowerment as just the redistribution of existing wealth. It really has to focus on new investment, on growth, on development of employment and so on and so on.
Thabo MbekiRead a textbook. It will tell you. These are the things for instance on the African continent that will contribute to immune deficiency, various tropical diseases because of poor infrastructure, general levels of poverty donโt get treated. Syphilis untreated or not properly treated, which as it happens is a big problem as I hear, gets treated, the symptoms disappear but in factโฆ it โฆ that impacts on the immune system. Youโve got to deal with these things.
Thabo MbekiThe law enforcement authorities have got a fairly good idea of who are these principal criminals. Who are the people, for instance, who receive the cell phones? When a young person goes and snatches a cell phone, there's someone who is sitting somewhere who receives this. Lots of this kind of crime.
Thabo MbekiHaiti was a French colony, but in 1804, the slaves rose up and defeated the French and formed the Republic. For the last 200 years, Haiti has had a very unfortunate history.
Thabo MbekiIt is difficult to discuss... history.. it is more difficult to talk about today.. simple thingsโฆ
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