If you look at government policy generally, what government tries to do in all instances is to make sure that we take care of all elements that might relate to a particular issue.

When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.

You have to make sure that [grants] reach people by virtue of their Identity Documents.

I 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.

The matter of social security and these grants is to help to address the levels of poverty in the country.

The principal investors in the South African economy are South Africans. And this is something, I think, we should really pay attention to.

There is a land problem in Zimbabwe, there is a need land for redistribution but it must be handled different, without violence, without conflict, within the context of the law, bearing in mind the interests of all Zimbabweans both black and white. It's necessary that the Zimbabwean government to respond positively to those sorts of messages.