Thabo Mbeki Quotes About Growth

Quotes about: Growth

• We can't treat the matter of black economic empowerment as just the redistribution of existing wealth. It really has to focus on new investment, on growth, on development of employment and so on and so on.

  Thabo Mbeki

  Focus, Empowerment, Black

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

• 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.

• I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.

  Thabo Mbeki

  Past, Thinking, Impact

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

• 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

• 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

• The problems that are arising at Johannesburg International Airport are because of the growth of volume, not because of inefficiencies at the Airport. But, the growth in movement of goods by air means that cargo capacity needs to be improved. And I am quite certain that we will do it.

  Thabo Mbeki

  Mean, Airports, Growth

  Source: www.gov.za

• If you look at the Company Register, maybe that's what we should say to that business consultant or analyst. If you look at the Company Register with the Department of Trade and Industry, one of the remarkable things that you will see over the last few years is, in fact, the growth of small and medium business, many of whom depend on these services to succeed.

  Thabo Mbeki

  Years, Growth, Lasts

  Source: www.gov.za

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