This is an extract from President Jacob Zuma's State of the Nation Address on February 9 2017 in which he outlined his plan for 'radical economic transformation'   Political freedom alone is incomplete without economic emancipation. Oliver Tambo spoke clearly about this mission at an SACP anniversary meeting in London in 1981. He said: “The objective of our struggle in South Africa‚ as set out in the Freedom Charter‚ encompasses economic emancipation. It is inconceivable for liberation to have meaning without a return of the wealth of the country to the people as a whole. “To allow the existing economic forces to retain their interests intact is to feed the roots of racial supremacy and exploitation‚ and does not represent even the shadow of liberation. “It is therefore a fundamental feature of our strategy that victory must embrace more than formal political democracy; and our drive towards national emancipation must include economic emancipation.” What do we mean by radical socio-...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.