EXCLUSIVE: How Cyril Ramaphosa plans to translate political freedom into economic wellbeing
In this article originally published in the Financial Times, the president explains why he believes that SA can triumph again
In the early 1990s, when South Africans from across the political spectrum met to negotiate an end to apartheid, many observers were sceptical about the chances of success. Yet we did the unthinkable, and took the country from the brink of civil war through a peaceful transition. Although apartheid ended more than two decades ago, its effects remain evident in the social and economic structure of SA. An effort is required, therefore, to generate economic growth, address shortcomings in infrastructure, stabilise the public finances, accelerate employment and generally ensure that all South Africans reap the benefits of prosperity. A conference in Johannesburg this week will highlight the many investment opportunities in SA. It is part of a drive by the government to mobilise $100bn in new investment over the next five years. We are also establishing an infrastructure fund, as part of an economic stimulus and recovery plan, which will prioritise roads, water infrastructure, schools an...
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