South Africa's Deputy President Concedes Economy Boosting Plans Insufficient

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Published Mar 12, 2017

South African Deputy President Cyril Ramaphosa has conceded that government's efforts to make the economy more inclusive haven't brought about enough change. He explained to members of Parliament that this is why the state is pushing ahead with radical economic transformation. Ramaphosa was tackled on economic reforms while answering questions in the National Assembly. The Economic Freedom Fighters' Floyd Shivambu told Ramaphosa that black South Africans haven't benefited from government's interventions in the economy. Ramaphosa says the fact the economy is still white-owned and controlled is a challenge to all South Africans. The deputy president says measures like black economic empowerment and employment equity have fallen short. The deputy president has told MPs to expect big changes.