Outgoing ANC treasurer general Zweli Mkhize's top 5 messages to business | Fin24
In partnership with
  • Ace vs. SA Reserve Bank

    The ANC secretary general has again weighed in on the central bank's mandate.

  • Mandela Day

    Nationalisation, privatisation and land: What Mandela told business in 1990 still resonates today.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.


Outgoing ANC treasurer general Zweli Mkhize's top 5 messages to business

Dec 17 2017 16:35
Lameez Omarjee and Tehillah Niselow

Johannesburg – In what was likely his final address as ANC treasurer general to SA business leaders, Zweli Mkhize on Sunday stressed the importance of the private sector building relationships with government to help resolve the economic issues facing the country.

He was speaking at a Progressive Business Forum breakfast on the second day of the ANC’s 54th National Conference. Other speakers at the event included Minister of Trade and Industry Rob Davies. 

Mkhize told the audience that in a matter of hours he would no longer be treasurer general, as his successor would soon be elected. The announcement of the ANC's next leader and its top party functionaries is expected to take place on Monday morning

There is, however a slim chance the announcement may be made on Sunday evening. 

READ: Top 10 quotes from business on Day 1 of #ANC54

Fin24 summarized five key messages from Mkhize's address. 

1. Keep talking

Mkhize thanked the SA business community for its contribution to discussions on state policies, saying these were necessary to drive the country forward. Discussions with relevant ministers were valuable in helping to build confidence, he noted.

2. Aim for broad-based growth

The treasurer general said some of the major issues facing SA's economy were how to attract more investment and ensure successful broad-based growth.

He said business must create more jobs and work to enable the integration of black entrepreneurs into the mainstream economy. This is the kind of action that would help stabilise SA's democracy. Broad-based growth, he said, enables economic transformation.

3. Help the small guys 

He called on leaders of big business to help develop small businesses. Small business development, he said, requires the twin enablers of creativity and policy incentives.

4. There is a whole Continent to the north 

Mkhize also spoke of the importance of driving growth across the continent. He said that multiple centres of economic activity needed to be established throughout Africa.

5. Delays mean nothing 

There was nothing untoward about the delays in the ANC’s conference, Mkhize reassured business leaders. He said that while the ANC had to sort out issues related to the credentials of delegates attending the conference, the party’s plan was set to move forward without any glitches. 

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.



Company Snapshot

Money Clinic

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

Voting Booth

FaceApp has been at the centre of a debate on data security. What is your view?

Previous results · Suggest a vote