Make less noise for your own sake – Gordhan

2012-06-27 09:13

Finance Minister Pravin Gordhan has said South Africans should make less “noise” and find more common ground for the sake of the economy.

Answering a question on social cohesion at the ANC’s Progressive Business Forum breakfast in Midrand this morning, Gordhan said “in South Africa we are more noisy than we need to be and we need to work harder to find common ground”.

He said all South Africans should ensure that we attract greater confidence to South Africa.

“We need to work harder to find a consensus and common purpose. If we don’t, we will all suffer the consequences,” Gordhan said, adding that he was an optimist.

But Gordhan said government still needed to do a lot to eradicate the scars of apartheid.

“We sometimes forget that apartheid ever existed. It has left some serious scars on the South African psyche and body politic, and structures,” he said.

This still affected schools, rural development as well as opportunities that people had, he said.

“Apartheid is still a fact in South Africa and the damage it caused,” he said.

He said the ANC has done a lot in the past 18 years but still needed to do more, especially to solve the structural problems.

“Post 1994, we have created a democracy, we have created democratic institutions and we have got democracy working in practice. What we haven’t been able to do to is change the fundamental structure of the economy,” he said.

“What the last three years have shown is that you can’t get the state to disappear, if the state disappears then who will bail out the banks and all sorts of things around the world. So there is a new realisation that there is a place for the state in the South African economy and particularly in economic language there is a concept of market failure.”

Russian businessman Roman Panov also addressed the breakfast gathering of businesspeople about his company, Norilsk.

They both received a bottle of L’Huguenot wine, a South African wine aimed at the Chinese market.

Renier Schoeman from the ANC’s Progressive Business Forum said a bottle of this wine was bought by a Chinese businessman for R60 000 at the forum’s gala dinner auction on Monday night.

The forum breakfasts are held at Gallagher Convention Centre as part of the ANC’s four-day policy conference, which started here yesterday.

» Follow our coverage of the ANC policy conference:
» Tell us what you think: Leave your comment below or comment on our Facebook page or on Twitter @City_Press
» Did you know? City Press has an iPad app. Find us in the app store

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.