NATIONAL NEWS - Minister of public enterprises Pravin Gordhan addressed the Financial Times Africa summit held in London on Monday.
During Gordhan’s address, he told those in attendance that “Ramaphosa offers best prospect of turning economy around.”
Gordhan detailed Ramaphosa’s investment drive and also explained that trust in state institutions such as Sars has taken a knock.
“We had one of the best revenue services, built over 10 years… damaged in one year,” he said.
Regarding land, Gordhan defended the ANC’s policy, saying “our priority is still to get people both inside and outside the country to understand that colonialism and apartheid left us with a terrible legacy.”
He stressed that the issue of land needs to be dealt with now or it will continue to hurt the South African economy.
