Thabo Mbeki Quotes About Economy

Quotes about: Economy

• I 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 Mbeki

  Government, Decision, Soldier

• The principal investors in the South African economy are South Africans. And this is something, I think, we should really pay attention to.

  Thabo Mbeki

  Thinking, Attention, Pay

  Source: www.gov.za

• There are black companies that are very active in the economy, that are growing and not on the basis of mergers and acquisitions, but because of putting new money into their particular companies and, therefore, their particular sectors. Indeed, if they didn't do that, they would collapse as companies.

  Thabo Mbeki

  Black, Acquisition, Growing

  SABC TV2 Interview, oldgov.gcis.gov.za. February 16, 2003.

• We raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. That being an agreement of the Growth and Development Summit, we will engage South African business to see how we can make that a practical thing. So, there is a different set of engagement with local business.

  Thabo Mbeki

  Real, Hands, Agreement

  Source: www.gov.za

• You 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 Mbeki

  Would Be, Needs, Done

  Source: www.gov.za

• The point we are making is that the general global messages have been communicated, about the politics of South Africa, about the economy in general, all of these general questions. The rest of the world understands these things and are saying, let's now come to the specific things so that even we, as big corporate chiefs from around the world, can assist in these areas, which you have decided are your priority areas.

  Thabo Mbeki

  Priorities, Messages, World

  Source: www.gov.za

• If you look for instance at the automobile industry, part of the reason that you have the expansion of that sector, is precisely because we have gone out to talk to the automobile companies to explain government policy with regard to that sector, to talk to them about the MIDP and things like that. And indeed, it has been a very important part of attracting those investors to put in money in the South African economy and build motorcars in South Africa.

  Thabo Mbeki

  Government, Important, Expansion

  Source: www.gov.za

• One of the issues that I have raised in that context is our transport system, road, rail and ports. We have raised this before, that the South African economy has grown at a rate that has overtaken the capacity of the transport system. And therefore, we have said that it is necessary to expand our capacity in the ports.

  Thabo Mbeki

  Issues, Economy, Said

  Source: www.gov.za

• You can see now with all the assurance that people have about the overall general management of the economy, they then ask more specific questions that we are able to answer.

  Thabo Mbeki

  People, Answers, Able

  Source: www.gov.za

• When 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 Mbeki

  Jobs, Government, Chinese

  Source: www.tregernomics.com

• It is quite easy to understand what China would need from the African continent with regards to its own economy, raw materials, oil and a market for manufactured goods. As I say it is not difficulty to understand and perfectly legitimate. There is nothing wrong with that.

  Thabo Mbeki

  Oil, Needs, Raw Materials

  Interview with Lionel Barber, www.ft.com. April 3, 2007.

• We identified various sectors of the economy, which we said were growth sectors. I have mentioned tourism. We said, for instance, agro-business. We grow a lot of food and fruit and things like that. It must be possible to process those.

  Thabo Mbeki

  Growth, Tourism, Fruit

  Source: www.gov.za

• A modern economy and society requires skilled people, so you need to train them.

  Thabo Mbeki

  People, Needs, Modern

  Interview with Adam Treger, www.tregernomics.com. October 14, 2016.

• You cannot just depend on the market, because the market will say: China needs oil; China needs coal; China needs whatever, and Africa has got all these things in abundance. And we go there and get them, and the more we develop the Chinese economy, the larger the manufacturing is, the more we need global markets - sell it to the Africans which indeed might very well destroy whatever infant industries are trying to develop on the continent. That is what the market would do.

  Thabo Mbeki

  Oil, Chinese, Trying

  Interview with Lionel Barber and Alec Russell, www.ft.com. April 3, 2007.

• Сertainly 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

  Player, Black, Important

  Source: www.gov.za

• There is a section of our population in South Africa that you can't expect to get integrated in the economy of its own. These are people without skills and that will include young people who might very well have matric certificates, but don't have the skills to be absorbed in the economy. So we need to target people like those in a special way, in a focused way so that they have the skills and the capacity to participate in the economy. That requires special programmes.

  Thabo Mbeki

  Skills, People, Special

• There is a tendency just to talk about foreign investors. Over 80 per cent of new investment in the South African economy is South African and therefore the engagement of the South African investor is also a critical part of this process.

  Thabo Mbeki

  Engagement, Investment, Economy

  Source: www.gov.za

• I think anybody who knows anything about South Africa and the South African economy would know that one of the big constraints to growth and development is skills shortages. So all of us, need to come at this thing as vigorously as is possible and, of course, the private sector has the capacity to take it on board.

  Thabo Mbeki

  Thinking, Skills, Growth

  SABC TV2 Interview, oldgov.gcis.gov.za. February 16, 2003.

• Of course we run a very open economy, and therefore what happens in the rest of the world, in economic terms, obviously has an impact on us.

  Thabo Mbeki

  Running, Impact, World

  Source: www.gov.za

• facebook
• twitter
• googleplus
• email
• linkedin

• facebook
• twitter
• googleplus
• email
• linkedin