Ramaphosa: Whites will not run the economy anymore

Ramaphosa: Whites will not run the economy anymore

Johannesburg - Deputy President Cyril Ramaphosa has angered many South Africans after he complained that for far too long, whites have been in control of South Africa's economy.

News24 quoted Mr. Ramaphosa from a speech he delivered to academics at an ANC summit in Johannesburg on Wednesday.

The Deputy President said government would intensify Broad-Based Black Economic Empowerment (BBBEE) and would inject R24 billion into the scheme to empower black South Africans.

He said government would see to it that blacks owned and managed the economy and warned that white business monopolies were over. 

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Mr. Ramaphosa was quoted as saying: 'Those who don’t like this idea – tough for you. That is how we are proceeding."

He used the occasion to ask for donations for the ANC's local government election campaign.

The Deputy President also invited black South Africans to bring their business ideas to the party for funding.

He said government was "fanatical" about empowering black South Africans.

The statement angered South Africans of all races. Many took it as a last ditch attempt to win votes in the upcoming local government elections. Some even pointed to the irony of his statement on the economy, given the relationship the ANC has with media and mining tycoons, the Guptas. (read: It was the Guptas who offered me ministerial job)

Public reaction (unedited)
Marele Mapuma said: "The corrupt Ramaphosa, is trying to shift focus from his Marikana greed, ANC and Gupta relationship to race. ANC is responsible for all current race issues in this country. This country is going nowhere with corrupt greedy individuals like Ramaphosa. We need to vote ANC out! The sooner, the better."

Bongani Debongz Mabayo said: "For too long and yet for over 20years they did nothing, Ramaphosa is a multi millionaire... Only now when they see ANC is losing its grip on people that they use divide and conquer method, every chance an ANC member opens his/her mouth they talk about racism but the not so gullible people wont fall for your petty games"

Richard Frederick Jarvis wrote: ""Those who don’t like this idea - tough for you. That is how we are proceeding,” - those are words from a dictator not a leader. Rather than working together to fix the devastating affect Zuma has had on this nation, he'd rather isolate one race in order to help another...Seems legit." (continues below)

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Tsegofatso Mthondeka said: "Ramaphosa and Mugabe must be removed. These extremist idiots do nothing for economic growth or the prosperity of the country's people. Left alone, this attitude will destroy South Africa, just like Mugabe did to Zimbabwe."

Curtis Jl Bailey wrote: "This story is getting so old now. You have had 20 odd years to fix or atleast TRY to fix the injustices of the past..but post Mbeki, you (Zuma and co) adopted an elitist mindset. that you are above the people. We arent fools anymore Mr Ramaphosa..the race tactic wont work this time. We are sick of crime, poverty, corruption and a goverment failing us year after year...come the election you will see how your numbers plummet. This will be my first election not voting ANC. We put you in power, but we can also take away that power."

Bhudi Madlisa said: "If the white men was running this country and came up with a Broad-Based White Economic Empowerment (BBWEE). something tells me the world will be up in arms calling this a racist agenda set to deprive other races. Ramaphosa is a huge disappointment to the country. How he made his millions the devil knows, I don't understand how someone who claims to be a clued up business person would sign up on such pathetic programme, set only to benefit the relatives of the ruling elite and also feed the cancer called Corruption. ANC must stand down."

Image caption: Deputy President Cyril Ramaphosa and Limpopo Province Premier, Stanley Mathabatha unveils a plaque during the official opening of Marapong Community Health Centre in Marapong Location, Lephalale, Limpopo Province as part of World TB Day. (Photo: GCIS)

 

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