Economy must not be skewed on racial lines - Zuma

2016-04-27 13:22
President Jacob Zuma with Deputy President Cyril Ramaphosa and Limpopo premier Stan Mathabatha. (Karabo Ngoepe, News24)

President Jacob Zuma with Deputy President Cyril Ramaphosa and Limpopo premier Stan Mathabatha. (Karabo Ngoepe, News24)

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2016-04-27 12:49

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Giyani - President Jacob Zuma says the economy of the country cannot be skewed in favour of one racial group and should be shared by all.

"For freedom to be complete, the economy of our country must not be skewed along racial lines. We must give practical meaning to the demand of the Freedom Charter that all shall share in the country's wealth," Zuma told thousands of people in Giyani, Limpopo, on Wednesday.

"Government will continue to implement black economic empowerment programmes, as well as affirmative action programmes."

Zuma was speaking during Freedom Day celebrations. He said government was introducing programmes that would ensure black people also played a role in the economy.

"We have introduced new programmes, such as the promotion of black participation in the manufacturing sector actively as industrialists. In partnership with the private sector, government will continue to work towards economic transformation so that we can expand our economy and create much needed jobs," said Zuma.

He acknowledged the continuing co-operation between government and the private sector. Zuma said consultations with business were ongoing to find ways of igniting economic growth and creating jobs, to mitigate the punishing global economic climate.

"We also continue to engage labour. Together we recently resolved a critical matter relating to worker pensions, which was of concern to the labour movement, especially Cosatu," said Zuma.

Read more on:    jacob zuma  |  polokwane

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