ANC presidential hopeful Nkosazana Dlamini-Zuma believes "radical economic transformation" should sweep through the entire African continent. She made the remark during her keynote address at the South African Funeral Practitioners Association gala dinner on Monday night in East London. Dlamini-Zuma attempted to explain what the popular phrase means‚ touching on various sectors‚ including minerals‚ the ocean economy‚ land and energy. She said that as Africa embarks on a journey to economic transformation "SA must be a locomotive as one of the continent’s big economies". Exports versus imports Dlamini-Zuma believes Africa should reconsider exporting raw resources which come back as imports of finished products. "The problem with this is that when you export raw materials‚ you are exporting jobs‚" she said. "Instead of jobs being created here in Africa‚ it means they are created in the countries to which we are exporting." Land According to Dlamini-Zuma‚ Africa, at the moment, is not ...
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