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We can't treat the matter of black economic empowerment as just the redistribution of existing wealth. It really has to focus on new investment, on growth, on development of employment and so on and so on.

Thabo Mbeki

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Thabo Mbeki
Age: 82
Born: 1942
Born: June 18
Economist
Politician
South African Politician
Thabo Mvuyelwa Mbeki
Economic
Employment
Black
Treat
Matter
Treats
Really
Investment
Development
Growth
Redistribution
Wealth
Empowerment
Focus
Existing

More quotes by Thabo Mbeki

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We do not accept that human society should be constructed on the basis of a savage principle of the survival of the fittest
Thabo Mbeki
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We would take the same position as the majority of the world about this, including this issue where Prime Minister [Ariel] Sharon made a commitment to pull Israeli troops out of Gaza.
Thabo Mbeki
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The law enforcement authorities have got a fairly good idea of who are these principal criminals. Who are the people, for instance, who receive the cell phones? When a young person goes and snatches a cell phone, there's someone who is sitting somewhere who receives this. Lots of this kind of crime.
Thabo Mbeki
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The concern around probable questions, which in a sense have been hidden, will grow around the world and the matter is critical, the reason we are doing all this is so we can respond correctly to what is reported to be a major catastrophe on the African continent.
Thabo Mbeki
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You have to make sure that [grants] reach people by virtue of their Identity Documents.
Thabo Mbeki
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A matter that seems to be very clear in terms of the alternative view, is what do you expect to happen in Africa with regard to immune systems, where people are poor, subject to repeat infections and all of that. Surely you would expect their immune systems to collapse.
Thabo Mbeki
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The problems that are arising at Johannesburg International Airport are because of the growth of volume, not because of inefficiencies at the Airport. But, the growth in movement of goods by air means that cargo capacity needs to be improved. And I am quite certain that we will do it.
Thabo Mbeki
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Those communal areas have got elected municipalities, which have got to do their work as, as fully, democratically elected municipal councils.
Thabo Mbeki
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I don't suppose I would describe myself as a showman.
Thabo Mbeki
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How many murders are committed in Gauteng, or in the Western Cape, in a month? A week? A day? An hour? But of course we are not allowed to know for sure. In close and direct imitation of his apartheid models, Selebi ensures that no statistics about crime may be published regularly in the press.
Thabo Mbeki
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I think anybody who knows anything about South Africa and the South African economy would know that one of the big constraints to growth and development is skills shortages. So all of us, need to come at this thing as vigorously as is possible and, of course, the private sector has the capacity to take it on board.
Thabo Mbeki
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Part of the issue around communal land, which became a matter of controversy, is that we are saying that this land must go back to communities. Not chiefs and traditional leaders.
Thabo Mbeki
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With me, as a town clerk or city manager, there are certain things that I'm supposed to do - if I don't do them, then I don't deserve to continue in this post.
Thabo Mbeki
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Clearly, we are very, very concerned about the situation, for instance, that has been going on in Gaza.
Thabo Mbeki
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When will the day come that our dignity will be fully restored, when the purpose of our lives will no longer be merely to survive until the sun rises tomorrow!
Thabo Mbeki
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There is a tendency just to talk about foreign investors. Over 80 per cent of new investment in the South African economy is South African and therefore the engagement of the South African investor is also a critical part of this process.
Thabo Mbeki
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For an investor who is sitting in the United States, and South Africa is very far from the United States, you need to go out to that investor to say, these are the possibilities in this particular sector.
Thabo Mbeki
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I know there is a lot of concern I know about plans that Iran might have to develop nuclear weapons which arises from positions that Iran took in the past when in fact it did not disclose things to the IAEA… because they were hiding something. I can understand that.
Thabo Mbeki
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It is quite easy to understand what China would need from the African continent with regards to its own economy, raw materials, oil and a market for manufactured goods. As I say it is not difficulty to understand and perfectly legitimate. There is nothing wrong with that.
Thabo Mbeki
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The question arose, how would the communities manage this land on their own. That's why the Communal Land Rights Bill then borrows an institution that is set up in terms of the role and function and powers of the institutional traditional leadership ( borrows that committee and uses that committee).
Thabo Mbeki