• Road to riches

    Taxpayers keep funding structures with big plans but who knows what efficacy, says Mandi Smallhorne.

  • Don't fall for Ponzi scams

    An expert unpacks the tell-tale signs to watch out for.

  • Inside Labour

    A smokescreen of misleading rhetoric won't make SA's problems go away, says Terry Bell.

Loading...
See More

KZN ANC proposes economic convention

Jun 18 2012 16:34 Sapa

Related Articles

Shabangu: SA to dispel nationalisation fears

Phosa: Taxpayers should fund democracy

Cosatu: Toll delay not a suggestion

ANC policy documents ignore key issues

Busa: Growth plan key for economy

Party funds not for playing politics

 

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.

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

People who fall victim to Ponzi scams are:

Previous results · Suggest a vote

Loading...