Cape Town – President Jacob Zuma mentioned the word “transformation” 12 times in his State of the Nation Address as he moves to escalate the need for urgent radical economic transformation.
1. Zuma defines radical socio-economic transformation
“What do we mean by radical socio-economic transformation? We mean fundamental change in the structure, systems, institutions and patterns of ownership, management and control of the economy in favour of all South Africans, especially the poor, the majority of whom are African and female, as defined by the governing party which makes policy for the democratic government.”