See More

Zuma: ANC will steer economy boldly

Dec 16 2012 18:19 Sapa
Jacob Zuma

Jacob Zuma (Picture: AP)

Related Articles

Zuma: SA not falling apart

ANC to miss land claims target

Zuma: NDP creates certainty

Dlamini: Mangaung critical for economy

Zuma speaks out on economic challenges

Mullings on Mangaung

Johannesburg - The African National Congress will continue to provide strong economic leadership, President Jacob Zuma said on Sunday.

"It will steer our economy boldly, and we do have a plan to grow the economy and create jobs," Zuma said, delivering his political report to the party's 53rd national conference in Mangaung.

"The destination we are heading towards is a mixed economy, where the state, private capital, co-operative and other forms of social ownership complement each other in an integrated way to eliminate poverty and foster shared economic growth."

Zuma said development finance institutions were placing jobs at the centre of their mandates.

"We established the presidential state-owned enterprises review committee which undertook a study of state owned enterprises (SOE), including the role of SOEs in a developmental state."

Zuma said the government was busy amending the Broad-Based Black Economic Empowerment Act.

"We also agreed to revise the points in the scorecards so that we prioritise local industrial development, skills and small business development."

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

jacob zuma  |  economy  |  mangaung 2012



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
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:


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.

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!


Luxury living

This is the most expensive burger in the world!
Exclusive food items that WILL break the bank
Top 10 most expensive homes in the world
You can permanently live on a ship and sail the world!

Money Clinic

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

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote