18 November 2012 | Press Releases
Tim Harris, DA Spokesperson on Finance
Cosatu General Secretary Zwelinzima Vavi is misreading the true nature of former Brazilian President Luiz ‘Lula’ da Silva’s leadership. Although Lula hailed originally from a trade union background, he was a reformist president who liberalised Brazil’s markets by cutting spending, paying down debt, trimming the bureaucracy, rationalising inefficient state-owned enterprises and reforming business laws to incentivise investment.