You 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 MbekiYou need to be able to do that to market these possibilities to these specific investors who would be interested in a sector of that kind. It's what would be normally done by anybody with regard to attracting investment to particular sectors of the economy.
Thabo MbekiI don't imagine Heads of Government would ever be able to say I'm not an economist therefore I can't take decisions on matters of the economy; I'm not a soldier I can't take decisions on matters of defence; I'm not an educationist so I can't take decisions about education.
Thabo MbekiWhen 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.
Thabo MbekiThat surely must be a concern to anyone who decides this drug must be given to stop transmissions, again from mother to child, which is extremely costly and must be taken into account.
Thabo Mbekiะกertainly 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 Mbeki