Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

WEF: 'Africa can't eat democracy'

May 07 2010 13:22 René Vollgraaff

Related Articles

Africa must ease trade curbs – WEF

Carry trade a challenge - Gordhan

WEF bars media after 'false reports'

Zuma leaves for WEF in Davos

SA struggles with legacy - WEF

SA gets good reviews from WEF

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print
Dar es Salaam – Democracy in Africa is inextricably tied to the continent’s economic development, said President Jacob Zuma on Friday at the 20th World Economic Forum (WEF) on Africa.

Speaking at a discussion on democracy, Zuma said it was meaningless if a country obtained democracy but poverty was still present. “People can’t eat democracy,” he said.

According to Zuma, economic development must also be democratised so that a nation can enjoy its benfits.

“That’s one of the things that Africa has not yet been able to achieve,” he said.

“In South Africa , for example, we have democracy and everyone is happy about it, but because of the economic circumstances ordinary people feel we have not done enough yet, and they have no hesitation about coming out on the streets and insisting that we must deliver [on our promises].”

The fact that the economy is now in the process of recovering will help to solve these problems, Zuma said. The needs of the majority of the population, who are poor, must be addressed for democracy to strengthen.

“As long as economic development on the continent doesn’t improve, democracy cannot become well established. People who are hungry aren’t interested in listening to fine speeches.”

 - Sake24.com

 
 
Comment on this story
68 comments
Add your comment
Comment 0 characters remaining
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

Attie

Whilst doing my regular book browsing at Exclusive Books just before Christmas 2011 a book with the simple title “My Book” caught my eye. Paging through the book I saw nothing else but wild life photographs with accompanying quotations by either the author or another well-known person. ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...