Crucial to urgently redress imbalances, says Ramaphosa
Deputy president says focus needs to be on the real substance of radical economic transformation and the steps that need to be taken
Deputy President Cyril Ramaphosa says true radical economic transformation must be implemented speedily to address the imbalances of the past. "Given the extent of dispossession‚ discrimination‚ exploitation and exclusion this call in the Freedom Charter was a call for radical and fundamental economic transformation. Radical economic transformation indicates a new phase of accelerated implementation of the long standing economic policy positions of the ANC and government‚" said Ramaphosa. He was speaking at the Gordon Institute of Business Science on Tuesday under the title Unpacking radical economic transformation. "What we need to do is to go beyond slogans and go to the heart of the matter and look at what needs to be done to redress the imbalances of the past. Therefore we must focus on the real substance of radical economic transformation and the steps that we need to take‚" Ramaphosa said. The deputy president said generational asset transmission that takes place in every hous...
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