16/07/2022
[Update]
Cyril Ramaphosa: For as long as I am the President of the African National Congress, I will fulfil the mandate of our 54th National Conference to undertake and complete the fundamental renewal of our movement
As we undertake these reforms, we remain firm on our position that strategic SOEs must remain in public hands if they are to drive growth, transformation and development.
Just as we recognise the role of business in creating employment, we should not diminish the central role of the state in coordinating, planning, guiding and enabling the development of the economy.
The accumulated legacy of colonialism and apartheid has been compounded by the effects of state capture & corruption, the devastating impact of COVID-19, an energy crisis that has lasted for more than a decade, and the global instability that the world is going through.