CAPE TOWN - Radical economic transformation will be a major discussion issue at the Raging Bulls Awards in Cape Town on January 31, 2018.
The summit hopes to engage in a lively discussion on what this concept means to different players in the economy and what “interpretation” will best take South Africa forward and grow the economy to the benefit of all its citizens.
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A PANEL DISCUSSION ON THE TOPIC WILL FEATURE THE FOLLOWING SPEAKERS:
Xolani Qubeka – CEO: Small Business Development Institute
Nhlanla Nene – Former Finance Minister
Mike Schussler – economist
President Zuma has described radical economic transformation as "the gospel truth". ANC presidential candidates Nkosazana Dlamini-Zuma and Cyril Ramaphosa have also not only embraced the phrase but have called for corporate leaders to engage in the process.
Radical economic transformation remains a controversial topic in South Africa. For some the concept means an overhaul of the economy, but for others, it is just another populist slogan, and it is these questions the summit hopes to address.
Key points of radical economic transformation
Re-industrialising South Africa's economy
Emphasis on black ownership in terms of land ownership and the economy
The removal of monopoly structures
Removal of nepotism in government
Development led and driven by state