Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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

More quotes by Thabo Mbeki

Image
We should never become despondent because the weather is bad, nor should we turn triumphalist because the sun shines.
Thabo Mbeki
Image
Really, a critical matter in the public service is radically to improve the quality of management.
Thabo Mbeki
Image
If we only said safe sex, use a condom, we won't stop the spread of AIDS in this country.
Thabo Mbeki
Image
The public service needs lots of people, South Africa generally, needs lots of people.
Thabo Mbeki
Image
There must be no abuse of people and they did ask that the South Africa Government should give them whatever support they needed to make sure that they have a proper legal process, proper detention, no abuse of people during interrogation and all of that. And so, we agreed.
Thabo Mbeki
Image
South Africa now needs skilled and educated people to say 'How do we manage and develop this democratic country?'
Thabo Mbeki
Image
A global human society, characterised by islands of wealth, surrounded by a sea of poverty, is unsustainable
Thabo Mbeki
Image
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
Image
You can see now with all the assurance that people have about the overall general management of the economy, they then ask more specific questions that we are able to answer.
Thabo Mbeki
Image
The problem is not unique the challenge is not unique to South Africa. Other African countries have faced it. But in our case, we have got to solve the problem. You have got an institutional traditional leadership, which functions in a particular way, in for instance, your communal areas.
Thabo Mbeki
Image
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
Image
If you don't understand history, you will not be able to deal with today's issues.
Thabo Mbeki
Image
We need to increase the capacity we need to improve performance so that we are more effective at lending that kind of support.
Thabo Mbeki
Image
I must say also, that we are not talking just about foreign investors.
Thabo Mbeki
Image
It will be a comprehensive response. The ID issue is one of them. It will make sure that Home Affairs has the capacity to reach people and to make sure that the people themselves know that they have got to get these documents and where to go to get them.
Thabo Mbeki
Image
I have absolutely no problem with the press criticising policies and the things that we do, the things that we say.
Thabo Mbeki
Image
Those communal areas have got elected municipalities, which have got to do their work as, as fully, democratically elected municipal councils.
Thabo Mbeki
Image
A modern economy and society requires skilled people, so you need to train them.
Thabo Mbeki
Image
There is a land problem in Zimbabwe, there is a need land for redistribution but it must be handled different, without violence, without conflict, within the context of the law, bearing in mind the interests of all Zimbabweans both black and white. It's necessary that the Zimbabwean government to respond positively to those sorts of messages.
Thabo Mbeki
Image
The people who steal cars, there's somebody there who is the master, who orders the cars, or just takes a car when it is brought? I am saying the law enforcement authorities have a pretty good idea about a lot of these kind of persons. We want it to pool all that knowledge and all those resources, so that they focus on these people.
Thabo Mbeki