Fin24

KZN ANC proposes economic convention

2012-06-18 16:34

Durban - The ANC in KwaZulu-Natal has called for a national economic convention where thorny issues of economic transformation can be discussed.

"We call for the government to convene a national convention on economic transformation, which should develop binding agreements and programmes on the comprehensive economic transformation," ANC provincial secretary Sihle Zikalala said in Durban on Monday.

The convention would be like the Convention for a Democratic SA, which brought together political parties and interest groups between 1990 and 1993 to negotiate a political solution for the country.

Zikalala was briefing reporters during the party's provincial policy workshop in Durban, which was attended by more than 500 delegates.

He said there was a need for the convention because certain sections of the private sector resisted transformation.

"There are challenges which have hindered development," Zikalala said.

"Among those are certain sections of the private sector whose interest is to continue to generate maximum interest and economic benefit through the exploitation of poor workers. This includes industries and those who own land."

He said resistance undermined the nation as a whole and the convention would seek to ensure that all South Africans worked together to achieve a common goal on economic transformation.