The Matters I Am Talking About Regarding

The Principal Investors In The South African Economy Are South Africans. And This Is Something, I Think, We Should Really Pay Attention To.

Of Course We Run A Very Open Economy, And Therefore What Happens In The Rest Of The World, In Economic Terms, Obviously Has An Impact On Us.

What Is The Worst, Is That You Will Have The Meltdown Of Zimbabwe That The Imf Is Talking About. And Indeed What You Will Have Is Growing Unemployment In Zimbabwe, Growing Impoverishment Among The People, Growing Social Conflict. And I Think That Is The Worst Sort Of Outcome, That Collapse Of Zimbabwe Certainly Would Have A Much, Much Worse Effect On The Region Than Mere Image.

I Think The Critical Point, Really, Is That We Need To Focus Black Economic Empowerment More On The Creation Of New Wealth Rather Than On These Big Deals That Have Been Characteristic Of This Process In The Past, Of People Going To Banks, Borrowing A Lot Of Money, Buying This And When The Shares Don't Perform Very Well, The Shares Go Back To The Banks, Because There's Other People Who Own This Anyway. I Think We Need To Re-focus It So That It Really Does Impact On Growth, New Investment, New Employment And A General, Better Spread Of Wealth In South Africa.

I Must Say Also, That We Are Not Talking Just About Foreign Investors.