52591
Zuma Urges Fast-Track Transformation
World Economy

Zuma Urges Fast-Track Transformation

President Jacob Zuma says the African National Congress has played a big role in laying a foundation for black-owned companies, SABC reported. Addressing the Black Business Pioneers Dinner in Sandton, Zuma said that economic transformation should be fast-tracked for the advancement of black businesses. “The ANC played a historical and significant role in laying the foundation for black economic emancipation to take root. Our collective task is to fast track economic transformation so that black business can be part of the mainstream and not be regarded as an alternative sector of the economy.” The president also emphasized the need to regulate the informal trading sector. “Also important is the need to register all our informal traders. We cannot have mushrooming businesses all over without knowing who the traders are, including those from neighboring sister countries in the continent and beyond. This is one of the key projects of our Inter-Ministerial Committee on Migration.”

 

Short URL : https://goo.gl/wz3TU6
  1. https://goo.gl/sY3oCO
  • https://goo.gl/G7JWNg
  • https://goo.gl/KXg6v2
  • https://goo.gl/WkQfnC
  • https://goo.gl/VvnTLS

You can also read ...

While China tries to alleviate its demographic crunch, the aging society means a pension shortfall.
Forget that image of sweatshops making all kinds of cheap...
Russia Economic Recovery Underway
Retail sales in Russia picked up in April, while real wages...
In 2017 banks had total mortgage lending of around $352 billion.
High levels of household debt are the greatest risk to Sweden’...
Greece at Crucial Point
Discussions are heating up over future debt repayments for...
Peru Economy Strengthens
Economic growth in Peru strengthened in the first quarter...
Brazil CB Keeps Rates on Hold
Brazil’s central bank considered cutting interest rates last...
Saudi Gov’t Told Not to Boost Spending
The International Monetary Fund urged the Saudi government not...
EU Tells Italy to Cut Debt, Warns of Euro Spillover
Italy’s incoming government should aim to cut its heavy public...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus