{"id":11864,"date":"2012-06-26T23:56:49","date_gmt":"2012-06-26T21:56:49","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/whites-still-mostly-control-s-africa-economy-zuma\/"},"modified":"2012-06-26T23:56:49","modified_gmt":"2012-06-26T21:56:49","slug":"whites-still-mostly-control-s-africa-economy-zuma","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/whites-still-mostly-control-s-africa-economy-zuma\/","title":{"rendered":"Whites still mostly control S.Africa economy -Zuma"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* South African president urges &#8220;economic transformation&#8221;<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Calls for &#8220;equitable share&#8221; of mineral wealth, land reform<\/p>\n<p><span><\/span><\/p>\n<p>By Jon Herskovitz and Peroshni Govender<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, June 26 (Reuters) &#8211; South Africa&#8217;s economy is<br \/>\nstill mostly under the control of whites who held power under<br \/>\napartheid and the government needs to take more drastic steps to<br \/>\nmake sure the black majority can benefit from its wealth,<br \/>\nPresident Jacob Zuma said on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>Zuma, speaking at the start of a major policy meeting of his<br \/>\nruling African National Congress, said the challenges of<br \/>\npoverty, unemployment and inequality posed long-term risks for<br \/>\nAfrica&#8217;s richest country 18 years after the end of apartheid.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The structure of the apartheid-era economy has remained<br \/>\nlargely intact,&#8221; Zuma told several thousand ANC delegates.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The ownership of the economy is still primarily in the<br \/>\nhands of white males as it has always been,&#8221; he said.<\/p>\n<p><span><\/span><\/p>\n<p>The ANC has drafted a raft of policy documents that call on<br \/>\nmining firms to pay more to the state to help finance welfare<br \/>\nspending. The proposals also advocate relying on state-owned<br \/>\nenterprises to be engines of job creation and growth.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The time has come to do something more drastic towards<br \/>\neconomic transformation and freedom,&#8221; Zuma said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* South African president urges &#8220;economic transformation&#8221; * Calls for &#8220;equitable share&#8221; of mineral wealth, land reform By Jon Herskovitz and Peroshni Govender JOHANNESBURG, June 26 (Reuters) &#8211; South Africa&#8217;s economy is still mostly under the control of whites who held power under apartheid and the government needs to take more drastic steps to make [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11864","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11864"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11864\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}