Motlanthe reassures investors

2012-03-02 10:52

Deputy President Kgalema Motlanthe has assured investors that South Africa is stable, despite concerns over supposed differing economic policies.

“Government policies as well as policies of the ruling party are very clear,” he told delegates at the Ernst and Young Strategic Growth Forum in Cape Town today.

“As a young democracy, people will engage in debates... The trick is knowing which views influence policies, and how policy is adopted,” he said.

Recent calls by the ANC Youth League for the nationalisation of mines, and for more aggressive land reform policies, have worried some investors.

Motlanthe said the country was politically and economically stable.

South Africa’s strengths were its well-regulated banking system, a wide range of investment opportunities and its links to regional trade, he said.

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