Zuma: ANC will steer economy boldly

Dec 16 2012 18:19
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."

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jacob zuma  |  economy  |  mangaung 2012



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