Jeff Radebe: Business has to help South Africa develop
The minister is speaking at a business breakfast at the ANC’s National General Council.
He also says that the country's economy won't develop until proper measures are in place to tackle inequality.
The minister is speaking at a business breakfast at the ANC's National General Council.
Radebe says people are worried about the future.
He says that people who feel the rules of life are set against them in life, don't just give up.
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Radebe says business has to help South Africa develop.
The minister says that reducing inequality is one of the critical measures needed to grow the economy.
He says it's clear the economy is not growing strongly because of our own domestic constraints.
"Such as decades of under investment in economic infrastructure, energy and transport constraints prolonged and often violent strike action."
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He says, "One of the most important actions to get our economy back on track on a sustainable basis is to agree on the measures to significantly reduce inequality."
The minister says business needs to make sure it doesn't lose its moral licence to operate from society.