Breaking News

Captured Ramaphosa warns infighting will drive investors away

by Political Bureau
13 August 2019 | 2600 Views
President Cyril Ramaphosa has warned that the country's economy will battle to recover if infighting persists within the ANC and country, as investors would abandon the country.

Ramaphosa was speaking on Tuesday in Parktown, Johannesburg, where the president was holding a conversation with ANC Women's League (ANCWL) on the progress on the socioeconomic empowerment of women since 1994.

"The investing community wants to see us as South Africans being seriously and irrevocably committed to our own development. They do not want to see us fighting among ourselves. When they see us fighting and arguing among ourselves in the governing party or the country broadly, they think that there is political instability and they walk away with their dollars," Ramaphosa said.

Ramaphosa said the infighting was also encouraging investment strike by South Africa's established business.

"We want local investors to open up their wallets to invest in our economy and create jobs," he said.

Ramaphosa said the country was undergoing a very challenging economic cycle which was worsened by woes in Eskom and other state owned entities.

"These woes did not start yesterday. They did not start last year. They have been there for the past ten years or more and we now need to correct those issues," he said.

Ramaphosa said his administration was planning another investment summit later this year, in addition to last year's one which attracted almost R300-billion.




ANCWL President Bathabile Dlamini used the event to blast the ANC KwaZulu-Natal leadership over its decision to fire eThekwini mayor Zandile Gumede on Monday.

Dlamini said the ANCWL was planning to meet with the provincial leadership today over its decision to fire Gumede.

"We are very unhappy about this culture that has been going on, a culture of making it easy to remove women from the positions they occupy," Dlamini said.

Gumede's ousting comes as she remains accused and charged of corruption and her case was postponed to January 2020 by the Durban Commercial Crimes Court on Thursday last week.

Dlamini said the removal of women from their positions has dealt a blow to the gender representation within deployments of the ANC in municipalities.

"At local government we started at 48% and we have gone down because at all times when there are regional conferences, those that are elected into leadership want to destabilise the whole municipality and they put themselves," she said.

"It should come to an end. We are not fellow travellers and women have been part of the struggle so we don't want a present, we also want to work," she added," she added.


Ramaphosa SA Captured

Source: Political Bureau

Comments

Latest News

Chamisa demands Chief Ndiweni's unconditional release

by ZimLive | 17 August 2019 | 515 Views

Chief Ndiweni's incarçeration an attack on peoples rights - Chief Ndi...

by Iphithule Maphosa | 17 August 2019 | 314 Views

'Prisca Mupfumira wanted to remove General Chiwenga'

by Mandla Ndlovu | 17 August 2019 | 6255 Views

Royal Crown Council condemns Chief Ndiweni judgement

by The Royal Crown Council | 17 August 2019 | 1856 Views

Ndiweni is an MDC-affiliated Chief and so can do no wrong

by Petina Gappa | 17 August 2019 | 1469 Views

'Heavy is the head that wears the crown' said W Ncube - meant 'Empty i...

by Patrick Guramatunhu | 17 August 2019 | 1012 Views

CIOs block release of Chief Ndiweni court judgment

by Mandla Ndlovu | 17 August 2019 | 3886 Views

Heavily armed police and Army jet besiege Bulawayo

by Mandla Ndlovu | 17 August 2019 | 8069 Views

BREAKING: Tabitha Khumalo arrested

by Mandla Ndlovu | 17 August 2019 | 7258 Views

Henry Olonga takes on Mnangagwa...again

by Mandla Ndlovu | 17 August 2019 | 6335 Views

To what end Mr Chamisa, does the end justify the means? - Dear Nelson ...

by Munya Shumba | 17 August 2019 | 1267 Views

Nhlanhlayamangwe Ndiweni an illegitimite Chief?

by Nicholas Ncube | 17 August 2019 | 1928 Views

ZANU PF youths in police uniform beat up Harare protestors?

by Mandla Ndlovu | 17 August 2019 | 3752 Views

Woman scalds hubby for not picking her from church

by Staff reporter | 17 August 2019 | 1830 Views

Bosso player & manager fight: New details emerge - NEW details have em...

by Staff reporter | 17 August 2019 | 1261 Views

Chamisa vows more protests despite Harare ban

by newzimbabwe | 17 August 2019 | 1024 Views

Welshman Ncube speaks out

by Mandla Ndlovu | 17 August 2019 | 4827 Views

Mthuli Ncube has a plan, but is it gobbledegook?

by Bloomberg News | 17 August 2019 | 2838 Views

Woman finds hubby in bed with sex worker, arrested for assault - A Chi...

by Staff reporter | 17 August 2019 | 2130 Views

Newly appointed chiefs have no power to apportion land - Masvingo Prov...

by Staff reporter | 17 August 2019 | 684 Views

Pupurai Togarepi invests CDF in clinic

by Staff reporter | 17 August 2019 | 721 Views

Handcuffed rape suspect bolts from court - A Kwekwe man who could not ...

by Staff reporter | 17 August 2019 | 1239 Views

Tsikamutandas leave in a huff as villagers bay for their blood - HUNTE...

by Staff reporter | 17 August 2019 | 1127 Views

Cheating wife dumps husband after busting her - FOR a Bulawayo woman, ...

by Staff reporter | 17 August 2019 | 2201 Views

Man parades neighbour's hat, use condom - A MAN from Gokwe paraded a u...

by Staff reporter | 17 August 2019 | 917 Views

Man files US$300,000 lawsuit against wife's lover - A LOCAL businessma...

by Staff reporter | 17 August 2019 | 489 Views

Woman slaps hubby with lifetime sex ban - FOR a sex-deprived Bulawayo ...

by Staff reporter | 17 August 2019 | 716 Views

Wife snatching businessman at it again - A GWANDA businessman – who ...

by Staff reporter | 17 August 2019 | 627 Views

United Nations statement on MDC demonstration

by Mandla Ndlovu | 17 August 2019 | 1831 Views

Entertainment

Zimfest delivers another 'phenomenal' festival

by Tidi Kwidini | 07 August 2019 | 628 Views

Should you be betting on reality TV show outcome too?

by Staff Writer | 05 August 2019 | 81 Views

WATCH: Jah Prayzah featuring Iyasa Sadza nemuriwo song

by Mandla Ndlovu | 23 July 2019 | 5593 Views

Muvhango star Marang Phala visits Prophet Sovi's church

by Mandla Ndlovu | 22 July 2019 | 9561 Views

Pure Black set to take Africa by storm

by Mandla Ndlovu | 04 July 2019 | 997 Views

'Cook Off' movie set for UK premiere

by Agencies | 02 July 2019 | 810 Views

Zimbabwean rapper teams up with top selling American singer

by Staff Reporter | 17 June 2019 | 1319 Views