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.

Phosa: Companies must be helped

Jan 06 2010 22:31

Related Articles

Minister without a job

ANCYL calls for education abroad

Whither Mantashe?

Dishonest debate

Malema insults 'disgust' YCLSA

The contest for colour

Manyi slams 'bakkie brigade'

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

MyCiti buses running at a loss

May 28 2012 07:53

The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print

Johannesburg - South Africa must look for ways to encourage business - in honour of SA Communist Party stalwart Joe Slovo, ANC treasurer Mathews Phosa said on Wednesday.

"We must look at all avenues to assist companies who want to create new opportunities for job seekers and entrepreneurs," said Phosa in his prepared remarks at the Joe Slovo Memorial Lecture.

"The question that is uppermost in my mind is how do we honour Slovo and other leaders who suffered much more than we did. Whilst we cannot honour him in our life, we can honour him with the way we live."

Phosa said in his remarks that South African companies should have the chance to expand beyond the country's borders while BEE benefits should become "more practical, reciprocal, and less bureaucratic."

He said the country must fight corruption "without any mercy" and praised Slovo for going into government despite "lucrative alternatives".

"As a white person, he set an example that leadership and participation in charge has no race, nor culture or preferred language.

"It simply takes guts, good ideas and hard work to create a better life for all," said Phosa.

- Sapa

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Sasha

"In the short term this is true, Greece will dominate the headlines on a day to day basis, until their next elections when there would be some clarity to answer the question, "What next for Greece?" Amazingly everyone except the politicians seem to be lining themselves up for worst case scenario, b... 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...