African National Congress (ANC) president Cyril Ramaphosa says the Government of National Unity (GNU) remains focused on transforming the economy so that South Africa manufactures goods instead of exporting its raw materials.
He was speaking at Luthuli House in Johannesburg as the country marks the first 100 days of the GNU.
[IN PICTURES]
Today we are reflecting on the first 100 days since the formation of the GNU, led by the ANC. ANC President, Cde Cyril Ramaphosa will review the progress made by the 7th administration which demonstrates the ANC’s commitment to a better life for all.… pic.twitter.com/6763MClMcL
— African National Congress (@MYANC) October 14, 2024
Ramaphosa says the ANC wants to see international investment in the productive side of the economy, especially the beneficiation of raw materials into finished products.
The ANC leader says South Africa should export finished goods to Africa and other parts of the world, stressing that the party will continue to lead the ‘fundamental transformation of society’ even as it takes part in the GNU.
“Ordinary people and investors are now looking to South Africa as a good investment destination, we need to reindustrialize in order to create jobs. This is an area of hope and real progress that has been made since the elections.” – ANC President, Cde Cyril Ramaphosa… pic.twitter.com/YIdKZOQazO
— African National Congress (@MYANC) October 14, 2024
Ramaphosa says the ANC had to face a new reality when it failed to obtain an outright majority in the national elections.
He says the party has always taken the lead and its decision to participate in a GNU was another act of leadership.
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